OtherMoney Market FundDirect · Growth
JioBlackRock Money Market Fund - Direct Plan - Growth Option
Jio BlackRock · Scheme 153649
₹1,071.78▲ 0.01%NAV · 2026-09-18
Decent FundScore
AUM
₹3,706 cr
Expense ratio
0.16%
3Y CAGR
—
Risk level
Low
Min SIP
₹500
Benchmark
CRISIL Money Market Index
Fund manager: Vikrant MehtaExit load: Nil
Decent · 57/100
A solid option with a few areas worth a closer look.
🎯 Best held for the long term (5+ years) as part of a diversified portfolio.
📈 Why it could do well
- ✓Protects capital well — worst-ever fall was only 0%.
- ✓Low volatility (0% a year) — a steady, low-drama ride.
- ✓Low cost — 0.16% expense ratio means more of the return stays with you.
- ✓Max drawdown: -0%
📉 What could drag it down
- •Weak risk-adjusted returns (Sharpe -0.23) — took on risk without enough payoff.
- •Short track record — not enough history yet to judge long-term performance; treat the score as provisional.
- •1Y return: +6.4%
- •Sharpe ratio: -0.23
FundScore breakdown
57/100 · Decent
Returns
Weak
Consistency
Average
Risk-adjusted
Weak
Downside protection
Excellent
Cost efficiency
Excellent
Portfolio quality
Average
Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.
SIP return calculator
Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.