JioBlackRock Liquid Fund
Fund basics
Returns
Returns for this scheme are not computed yet — we need at least three years of published NAV. The NAV above is today's, straight from AMFI.
Direct vs Regular — same portfolio, two prices
The same fund, the same manager, the same shares. The only difference is the distributor commission inside the Regular plan's expense ratio — charged every year, on the whole balance.
| Plan | NAV | 1y | 3y | 5y |
|---|---|---|---|---|
| Direct (this page) | 1,074.2813 | — | — | — |
| Regular | 1,000.9804 | — | — | — |
The two NAVs are 6.8% apart today. They started life at the same ₹10 — the whole of that gap is what the commission has taken out of the Regular plan since launch.
Everything the NAV says
Computed from 358 published NAVs between 6 Jul 2025 and 26 Aug 2026 — 1.1 years of history. Nothing here is an estimate; it is arithmetic on what the fund actually printed.
How it has moved
Return over time (%)
| Fund name | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|
| JioBlackRock Liquid Fund Direct | 0.53 | 1.74 | 3.43 | 6.53 | — | — | — | — | 6.42 |
| Liquid Funds category median · 37 funds | — | — | — | 6.41 | 6.96 | 6.29 | — | 6.12 | — |
Anything over a year is annualised (CAGR); shorter windows are absolute. The benchmark row is the index fund named below, priced daily by AMFI like every other scheme here. The category row is the median Direct plan in Liquid Funds — the middle fund, not a ranking, and a median rather than an average so that one mis-stated scheme cannot move it. As on 26 Aug 2026.
Risk measures
| Fund name | Volatility | Sharpe | Sortino | Beta | Alpha | Max fall |
|---|---|---|---|---|---|---|
| JioBlackRock Liquid Fund Direct | 0.21 | -0.37 | -10.01 | — | — | -0.01 |
Risk measures use a risk-free rate of 6.5% and are stated so they can be checked — a ratio quoted without its risk-free rate cannot be. Beta and alpha need an index, so they are blank for the benchmark row itself.
Risk
| Volatility | Downside volatility | Sharpe | Sortino |
|---|---|---|---|
| 0.2% | 0.0% | -0.37 | -10.01 |
Sharpe and Sortino use a risk-free rate of 6.5%, roughly the 10-year government bond. Both are stated so the figure can be checked — a ratio quoted without its risk-free rate cannot be.
The worst it has been
| Deepest fall | Time to recover | Today, from its peak |
|---|---|---|
| 0.0% | 0 months | At a high |
A drawdown is the fall from a previous high to the low that followed it. It is the number that decides whether somebody stays invested — a fund can have an excellent ten-year return and still have been unbearable to hold in year four.
Calendar years
What it actually holds
The real portfolio the AMC filed with AMFI. Nothing here is estimated — when a fund has no filing in our store the section simply does not appear. A fund is its holdings; the returns above are only what those holdings did.
Asset allocation
A fund's risk starts here — how much of it is even in the market — before any question of which stocks or which sectors. Cash is not idleness; it is the manager's choice not to be invested, and it shows up as a drag in a rising market and a cushion in a falling one.
Portfolio aggregates
Concentration
| Number of stocks | 48 |
|---|---|
| Top 5 stocks | 31.00% |
| Top 10 stocks | 47.89% |
| Top 20 stocks | 70.21% |
| Largest single holding | 10.39% |
| Largest sector | CRISIL A1+ · 85.98% |
| Number of sectors | 4 |
| Effective stocks | 26.8 |
| Cash & equivalents | -3.50% |
Counting positions overstates diversification. The effective-stocks figure is the honest count: a portfolio can hold seventy names and still have most of its money in twenty.
Sector allocation
Largest holdings
Top 10 are 47.9% of the fund. A high number means a concentrated portfolio — fewer names doing more of the work, for better and for worse.
Disclosed holdings from the AMC's AMFI filing, largest first. A portfolio is filed monthly and shifts between filings — this is the most recent one loaded, not a live book.
How it compares with its closest peers
The same category, the same plan, the same option — the only comparison that means anything. A Liquid Funds Direct Plan Growth Option scheme against another of exactly the same kind.
| Scheme | Return | Alpha | Beta | Volatility | Sharpe | Max fall |
|---|---|---|---|---|---|---|
| JioBlackRock Liquid Fund Jio BlackRock Mutual Fund · this scheme | — | — | — | 0.2% | -0.37 | 0.0% |
| Axis Liquid Fund Axis Mutual Fund | 7.0% | — | — | 0.2% | 2.84 | -0.2% |
| BARODA BNP PARIBAS LIQUID FUND Baroda BNP Paribas Mutual Fund | 6.9% | — | — | 0.3% | 1.69 | -0.2% |
| HDFC Liquid Fund HDFC Mutual Fund | 6.9% | — | — | 0.2% | 1.96 | -0.2% |
| ITI Liquid Fund ITI Mutual Fund | 6.7% | — | — | 0.2% | 1.33 | 0.0% |
| JM Liquid Fund JM Financial Mutual Fund | 6.9% | — | — | 0.2% | 1.84 | -0.2% |
| Nippon India Liquid Fund Nippon India Mutual Fund | 7.0% | — | — | 0.2% | 2.11 | -0.2% |
| Quant Liquid Fund quant Mutual Fund | 6.8% | — | — | 4.4% | 0.06 | -9.0% |
| Quantum Liquid Fund Quantum Mutual Fund | 6.6% | — | — | 0.2% | 0.23 | -0.3% |
Alpha and beta are against the category index. Max fall is the deepest peak-to-trough drop in each fund's own history, so a longer-running fund has had more chances to record a bad one. Click a column to sort. This is a sort, not a ranking, and nothing here is a recommendation.
What a Liquid Funds scheme is
Debt maturing within 91 days.
The place money waits. Redemption reaches the bank in one working day, and a small instant-redemption limit is usually available. Not a savings account, and not guaranteed — but as close as a fund gets.
Who it suits. Emergency money and anything needed within weeks.
How long money should stay. Days to 3 months.
Compare this scheme with others →
Questions people ask
What is the NAV of JioBlackRock Liquid Fund — Direct Plan — Growth Option?
₹1,074.2813 as on 26 Aug 2026, from AMFI's daily NAV file. NAV is declared once each business day after markets close, so the figure here is the most recent one published.
What is the difference between the Direct and Regular plan of JioBlackRock Liquid Fund?
They hold the identical portfolio, run by the same manager. A Regular plan pays a distributor commission out of the fund, inside its expense ratio — commonly 0.5% to 1.2% a year more than Direct. That difference is charged on the whole balance, every year, so it compounds: on ₹1,00,000 held ten years a gap of 1.5 percentage points is roughly ₹1.4 lakh of ending value. Direct is the same fund without the commission.
What does the Growth option mean?
Growth reinvests everything the fund earns back into the NAV. Nothing is paid out, so the NAV rises with returns and you are taxed only when you sell. For anybody who does not need income from the investment, Growth is the simpler and usually the more tax-efficient option.
What kind of scheme is this?
Debt maturing within 91 days. The place money waits. Redemption reaches the bank in one working day, and a small instant-redemption limit is usually available. Not a savings account, and not guaranteed — but as close as a fund gets.
How long should money stay in it?
Typically Days to 3 months. Emergency money and anything needed within weeks.