JioBlackRock Short Term Fund vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
JioBlackRock Short Term Fund is a Short Duration fund and Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund is a mutual fund. JioBlackRock Short Term Fund charges 0.35% a year and Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund 0.11% (Direct plans). Their portfolios overlap 14.2%: they hold 2 of the same securities.
JioBlackRock Short Term Fund
Short Duration
- Expense ratio
- 0.35%
- NAV
- ₹1,038.89
Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
- Expense ratio
- 0.11%
- NAV
- ₹10.45
Which is better, JioBlackRock Short Term or Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index costs less: 0.11% a year against 0.35% (Direct plans).
- Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index fell less in its worst fall since 13-03-2026: −0.1% against −0.3%.
- Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index is the larger fund: ₹260 Cr against ₹113 Cr.
- Their portfolios overlap 14.2%: 2 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | JioBlackRock Short Term Fund | Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund |
|---|---|---|
| Fund house | Jio BlackRock Mutual Fund | Nippon India Mutual Fund |
| Category | Short Duration | Not available |
| AUM | ₹113 Cr (30-09-2026) | ₹260 Cr (30-09-2026) |
| NAV | ₹1,038.89 (Direct) | ₹10.45 (Direct) |
| Expense ratio (Direct) | 0.35% | 0.11% |
| Expense ratio (Regular) | 0.99% | 0.22% |
| Riskometer | Low to Moderate | Not available |
| Benchmark | NIFTY Short Duration Debt Index A-II | Not available |
| Launch date | 19-01-2026 | Not available |
| Minimum investment | ₹500 | Not available |
| Lock in | None | Not available |
| Fund managers | Arun Ramachandran, Vikrant Mehta, Siddharth Deb | Not available |
| Exit load | NIL | Not available |
JioBlackRock Short Term vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| JioBlackRock Short Term Fund (Direct) | −0.05% | +0.55% | +2.51% | -- | -- | -- | -- |
| Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund (Direct) | +0.32% | +1.49% | +3.35% | -- | -- | -- | -- |
| Short Duration average | −0.14% | +0.30% | +2.50% | -- | -- | -- | -- |
Category average: the average of the 25 Short Duration funds, same plan type.
JioBlackRock Short Term vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index: Rolling Returns
Every holding period of both funds
JioBlackRock Short Term vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | JioBlackRock Short Term Fund (Direct) | Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.90% | +7.26% |
| Standard deviation | 1.00% | 0.49% |
| Sharpe ratio | -0.31 | 4.06 |
| Sortino ratio | -0.45 | 7.01 |
| Maximum drawdown | −0.3% (23-10-2026) | −0.1% (22-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 22-01-2026 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
JioBlackRock Short Term Fund (Direct)
Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| JioBlackRock Short Term Fund (Direct) | −0.3% | 22-09-2026 | 23-10-2026 | Not yet | -- | −0.2% |
| Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund (Direct) | −0.1% | 13-10-2026 | 22-10-2026 | 27-10-2026 | 5 days | 0.0% |
From daily values since 13-03-2026, the first day every fund has.
JioBlackRock Short Term vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index: Portfolio Overlap
From each fund's latest monthly portfolio: JioBlackRock Short Term Fund, September 2026; Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund, September 2026
Holdings in common
- Overlap
- 14.2%
- Held by both
- 2
- Only in JioBlackRock Short Term
- 10
- Only in Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index
- 17
| Security | % of JioBlackRock Short Term | % of Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index |
|---|---|---|
| Mahindra & Mahindra Financial Services Ltd (25-Feb-2027) | 8.59% | 9.35% |
| Union Bank of India (12-Mar-2027) | 8.58% | 5.60% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 14.2% means 14.2% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in JioBlackRock Short Term Fund
| Security | % of fund |
|---|---|
| 6.94% GOI 2036 (11-MAY-2036) | 13.05% |
| 7.7% Small Industries Development Bank Of India (10-Oct-2029) | 8.80% |
| 6.95% REC Ltd (18-Feb-2028) | 8.76% |
| 6.68% LIC Housing Finance Ltd (04-Jun-2028) | 8.68% |
| Bajaj Finance Ltd (03-Feb-2027) | 8.63% |
Largest holdings only in Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
| Security | % of fund |
|---|---|
| Aditya Birla Capital Limited | 13.13% |
| 7.73% LIC Housing Finance Limited | 9.63% |
| 8.04% Bajaj Housing Finance Limited | 9.63% |
| Small Industries Dev Bank of India | 9.36% |
| National Bank For Agriculture and Rural Development | 9.32% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | JioBlackRock Short Term | Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 92.6% | 98.5% |
| Cash and others | 7.4% | 1.5% |
JioBlackRock Short Term vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | JioBlackRock Short Term Fund | Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.35% | 0.11% |
| Base expense ratio (Direct) | 0.27% | 0.08% |
| Total expense ratio (Regular) | 0.99% | 0.22% |
| Base expense ratio (Regular) | 0.84% | 0.18% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
JioBlackRock Short Term Fund vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund: Frequently Asked Questions
What is the difference between JioBlackRock Short Term Fund and Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund?
JioBlackRock Short Term Fund is a Short Duration fund, Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund is a mutual fund, run by Jio BlackRock Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 14.2%. JioBlackRock Short Term Fund charges 0.35% a year and Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund 0.11%.
Which has the lower expense ratio, JioBlackRock Short Term Fund or Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund?
Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund charges less: 0.11% a year against 0.35%. These are the Direct plans' total expense ratios reported to AMFI.
How much do JioBlackRock Short Term Fund and Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund overlap?
14.2%. They hold 2 of the same securities, the largest shared ones being Mahindra & Mahindra Financial Services Ltd (25-Feb-2027), Union Bank of India (12-Mar-2027). From each fund's latest monthly portfolio.
Can I invest in both JioBlackRock Short Term Fund and Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund?
Yes. 14.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.