logo
#

Latest news with #JioBlackRockMoneyMarketFund

Beyond JioBlackRock: Eight other mutual fund NFOs open for subscription this week
Beyond JioBlackRock: Eight other mutual fund NFOs open for subscription this week

Time of India

time01-07-2025

  • Business
  • Time of India

Beyond JioBlackRock: Eight other mutual fund NFOs open for subscription this week

Tired of too many ads? Remove Ads JioBlackRock Liquid Fund Tired of too many ads? Remove Ads JioBlackRock Money Market Fund JioBlackRock Overnight Fund Tired of too many ads? Remove Ads TRUSTMF Multi Cap Fund ICICI Pru Nifty Private Bank Index Fund Nippon India MNC Fund Sundaram Multi-Factor Fund Groww Nifty 50 ETF Invesco India Income Plus Arbitrage Active FoF Groww Nifty 50 Index Fund JM Large & Mid Cap Fund Around 11 mutual fund NFOs are currently open for subscription, of which three are from JioBlackRock Mutual Fund and eight others are from different fund houses. JioBlackRock Liquid Fund TRUSTMF Multi Cap Fund , and ICICI Pru Nifty Private Bank Index Fund are open for India MNC Fund, Sundaram Multi-Factor Fund, Groww Nifty 50 ETF, Invesco India Income Plus Arbitrage Active FoF, Groww Nifty 50 Index Fund, and JM Large & Mid Cap Fund are upcoming NFOs and will open for subscription later this 11 funds include two index funds, two thematic funds, a large & mid cap fund, a multi cap fund, a money market fund, a liquid fund, an ETF, and a fund of funds investing Read | JioBlackRock Liquid Fund NFO to open on June 30. A safe bet for regular income? JioBlackRock Liquid Fund is an open-ended liquid scheme with relatively low interest rate risk and relatively low credit risk. The new fund offer (NFO) is currently open for subscription and will close on July investment objective of the scheme is to generate regular income through investment in a portfolio comprising money market and debt instruments with residual maturity of up to 91 scheme will be benchmarked against the Nifty Liquid Index A-I and will be managed by Arun Ramachandran, Vikrant Mehta, and Siddharth Deb. The fund will allocate 0–100% of its assets to debt instruments and money market instruments with residual maturity of up to 91 Money Market Fund is an open-ended debt scheme investing in money market instruments with relatively low interest rate risk and moderate credit risk. The NFO is open for subscription and will close on July investment objective of the scheme is to generate regular income through investment in a portfolio comprising money market instruments with residual maturity of up to one scheme will be benchmarked against the NIFTY Money Market Index A-I and managed by Vikrant Mehta, Arun Ramachandran, and Siddharth Deb. The exit load on this money market fund is scheme will allocate 0–100% of its assets to money market instruments having residual maturity of up to one Read | NFO Update: ICICI Prudential Mutual Fund launches Nifty Private Bank Index Fund JioBlackRock Overnight Fund is an open-ended debt scheme investing in overnight securities, with relatively low interest rate risk and relatively low credit risk. The NFO is open for subscription and will close on July investment objective of the scheme is to generate regular income through investment in a portfolio comprising debt and money market instruments with overnight maturity. The scheme will be benchmarked against the Nifty 1D Rate fund will allocate 0–100% of its assets to overnight securities or debt and money market instruments maturing on or before the next business Multi Cap Fund is an open-ended equity scheme investing in large-cap, mid-cap, and small-cap stocks. The NFO is open for subscription and will close on July fund will be benchmarked against the NIFTY 500 Multi Cap 50:25:25 TRI and managed by Mihir Vora and Aakash minimum amount for purchase (including switch-in) is Rs 1,000 and in multiples of any amount thereafter. The minimum amount for a monthly SIP is Rs 1,000 (plus in multiples of any amount) with at least six fund will allocate 75–100% of its assets to equity and equity-related instruments of large-cap, mid-cap, and small-cap companies, 0–25% in debt and money market instruments (including cash & cash equivalents), and 0–10% in units issued by REITs and Pru Nifty Private Bank Index Fund is an open-ended index scheme replicating the Nifty Private Bank Index. The NFO is open for subscription and will close on July fund will be benchmarked against the Nifty Private Bank TRI and managed by Nishit Patel and Ashwini Shinde. The exit load is minimum amount for daily, weekly, fortnightly, and monthly SIPs is Rs 1,000 (plus in multiples of Re 1) with at least six instalments. For quarterly SIPs, the minimum is Rs 1,000 (plus in multiples of Re 1) with at least four India MNC Fund is an open-ended equity scheme following a multinational company (MNC) theme. The NFO will open for subscription on July 2 and close on July fund will be benchmarked against the NIFTY MNC TRI and managed by Dhrumil Shah and Kinjal minimum application amount is Rs 500 and in multiples of Re 1 thereafter. The scheme will allocate 80–100% of assets to equity and equity-related instruments of MNCs, 0–20% to equity instruments of companies other than MNCs, and 0–20% to debt and money market Multi-Factor Fund is an open-ended equity scheme that follows a multi-factor-based investment strategy. The NFO will open for subscription on July 2 and close on July fund will be benchmarked against the BSE 200 TRI and managed by Rohit Seksaria, S. Bharath, Dwijendra Srivastava, and Sandeep minimum investment amount for the first investment is Rs 100 and in multiples of Re 1 thereafter. For monthly SIPs, the minimum amount is Rs 100 with at least six fund will allocate 80–100% of its assets to equity and equity-related instruments selected based on a multi-factor quantitative model, 0–20% to other equity and equity-related instruments, 0–20% to debt and money market securities (including Tri-Party Repo), and 0–10% to investments in REITs/ Nifty 50 ETF is an open-ended scheme tracking the Nifty 50 Index – TRI. The NFO will open for subscription on July 2 and close on July fund will be benchmarked against the Nifty 50 Index - TRI and managed by Shashi Kumar, Nikhil Satam, and Aakash minimum amount is Rs 500 and in multiples of Re 1 thereafter. Units will be allotted in whole numbers, and any balance amount below the minimum will be India Income Plus Arbitrage Active FoF is an open-ended fund-of-fund scheme investing in units of actively managed debt-oriented schemes and equity arbitrage schemes. The NFO will open for subscription on July 2 and close on July fund will be benchmarked against a blended index: 60% Nifty Corporate Bond Index A-II + 35% Nifty 50 Arbitrage + 5% Nifty 1D Rate Index, and managed by Vikas Garg (Fixed Income) and Deepak Gupta (Arbitrage).For lump-sum investment, the minimum amount is Rs 1,000 per application and in multiples of Re 1 thereafter. For monthly SIPs, the minimum amount is Rs 1,000 and in multiples of Re 1 thereafter, with at least six Nifty 50 Index Fund is an open-ended scheme tracking the Nifty 50 Index - TRI. The NFO will open for subscription on July 2 and close on July fund will be benchmarked against the Nifty 50 Index - TRI and managed by Shashi Kumar, Nikhil Satam, and Aakash minimum amount for the initial purchase is Rs 500 and in multiples of Re 1 thereafter. The minimum amount for a monthly SIP is Rs 500 and in multiples of Re Large & Mid Cap Fund is an open-ended equity scheme investing in both large-cap and mid-cap stocks. The NFO will open for subscription on July 4 and close on July fund will be benchmarked against the Nifty Large Midcap 250 investment objective of the scheme is to seek long-term capital growth through investments in equity and equity-related securities, predominantly of large-cap and mid-cap stocks. The minimum investment amount is Rs 1,000 per plan, option, or sub-option, and in multiples of Re 1 thereafter for first-time investments.

Jio BlackRock Launches 3 Debt NFOs Today; Here's How To Invest With Just Rs 500
Jio BlackRock Launches 3 Debt NFOs Today; Here's How To Invest With Just Rs 500

News18

time30-06-2025

  • Business
  • News18

Jio BlackRock Launches 3 Debt NFOs Today; Here's How To Invest With Just Rs 500

Last Updated: JioBlackRock Mutual Funds: These three funds will open for subscription from June 30 and will remain available until July 2. Jio Blackrock Mutual Funds NFOs: Jio BlackRock Mutual Fund, the JV between Jio Financial Services and BlackRock, has officially begun operations in India by launching three open-ended debt schemes – Jio BlackRock Liquid Fund, Jio BlackRock Money Market Fund, and Jio BlackRock Overnight Fund. These three abovementioned funds will open for subscription from June 30 and will remain available until July 2. They have the minimum investment requirement of Rs 500. A Debt MF is a kind of mutual fund that invests money in fixed-instruments like government bonds, corporate bonds, T-bills, commercial papers, and certificates of deposits. Jio BlackRock Liquid Fund NFO The Jio BlackRock Liquid Fund targets investors seeking regular income over a short-term period. As per the scheme information document, the fund will invest in money market and debt instruments with a residual maturity of up to 91 days. Investors can start with a minimum investment of Rs 500. The scheme has a graded exit load, starting at 0.0070% on Day 1 and reducing to zero from Day 7 onwards. The Jio BlackRock Money Market Fund is designed to generate regular income by investing in money market instruments with up to one-year maturity. It also requires a minimum investment of Rs 500 and has no exit load. The Jio BlackRock Overnight Fund aims to generate income by investing in debt and money market instruments with overnight maturity. Similar to the other two funds, the minimum subscription amount is Rs 500, and the scheme has no exit load. This fund is perfect for investors wanting to park funds for a day or more with minimal interest rate risk. How to Invest in Jio BlackRock Mutual Funds (Liquid, Money Market & Overnight Funds) tags : Mutual fund Location : New Delhi, India, India First Published: June 30, 2025, 14:27 IST News business » savings-and-investments Jio BlackRock Launches 3 Debt NFOs Today; Here's How To Invest With Just Rs 500

JioBlackRock Mutual Fund Launches 3 New NFOs
JioBlackRock Mutual Fund Launches 3 New NFOs

Hans India

time30-06-2025

  • Business
  • Hans India

JioBlackRock Mutual Fund Launches 3 New NFOs

JioBlackRock Mutual Fund has announced the launch of a new fund offer (NFO) for three debt mutual funds. This marks the company's entry into the fixed-income investment space. The three new funds are called: JioBlackRock Liquid Fund JioBlackRock Money Market Fund JioBlackRock Overnight Fund These funds are now open for investors who want to earn returns with lower risk. Debt funds usually invest in fixed-income assets like government bonds, treasury bills, and other short-term money market instruments. The company aims to offer safe and stable investment options through these funds. More details about the investment period, returns, and risk levels will be shared soon. This launch shows JioBlackRock's efforts to grow its presence in the Indian mutual fund market.

JioBlackRock Mutual Fund: 3 NFOs open for subscription today. Should you invest?
JioBlackRock Mutual Fund: 3 NFOs open for subscription today. Should you invest?

Time of India

time30-06-2025

  • Business
  • Time of India

JioBlackRock Mutual Fund: 3 NFOs open for subscription today. Should you invest?

JioBlackRock Mutual Fund has announced the opening of new fund offer (NFO) of three debt funds - JioBlackRock Liquid Fund , JioBlackRock Money Market Fund , JioBlackRock Overnight Fund The new fund offer or NFOs of all three funds are open for subscription and will close on July 2. The funds will open for continuous sale and repurchase within five business days of allotment date. The schemes will offer only direct plans and the plan shall offer only growth options. The minimum application amount for lumpsum investment in all three funds is Rs 500 and any amount thereafter. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Qualità Made in Italy. Velasca Undo The minimum amount for Systematic Investment Plan (SIP) is Rs 500 and in multiples of Re 1 thereafter in all the three debt funds. The funds will be managed by Vikrant Mehta, Arun Ramachandran, and Siddharth Deb. Also Read | Sensex vaults 11,000 points from April lows. Which mutual funds should you buy? Live Events JioBlackRock Liquid Fund JioBlackRock Liquid Fund is an open ended liquid scheme with a relatively low interest rate risk and relatively low credit risk. The investment objective of the scheme is to generate regular income through investment in a portfolio consisting of money market and debt instruments with residual maturity up to 91 days. The scheme is suitable for investors seeking regular income over a short term investment horizon and who want to generate income by investing in money market and debt instruments with maturity up to 91 days, according to the scheme information document (SID) of the fund. The scheme will be benchmarked against Nifty Liquid Index A-I. The fund will be managed by Arun Ramachandran, Vikrant Mehta, and Siddharth Deb. If an investor exits from the scheme one day after the date of allotment, the exit load as a % of redemption proceeds will be 0.0070%. If the exit is on day 2, then the exit load as a % of redemption proceeds will be 0.0065%. If the exit is on day 3 and day 4, the exit load as a % of redemption proceeds will be 0.0060% and 0.0055% respectively. On day 5, if an investor exits from the scheme, the exit load as a % of redemption proceeds will be 0.0050% and on day 6 will be 0.0045% and will be 0.0000% from day 7 onwards. The scheme will allocate 0-100% in debt instruments and money market instruments with residual maturity up to 91 days. The investment strategy would be towards generating regular returns through a portfolio of debt and money market instruments seeking to capture the term and credit spreads. The scheme shall endeavor to develop a well-diversified portfolio of debt and money market instruments. Liquid funds offer better returns than a regular savings account while maintaining a relatively low level of risk. These funds make investment in debt and money market securities with maturity of upto 91 days only. These funds are a good option for building or parking an emergency fund, or for temporarily holding funds Also Read | JioBlackRock Liquid Fund NFO to open on June 30. A safe bet for regular income? JioBlackRock Money Market Fund JioBlackRock Money Market Fund is an open ended debt scheme investing in money market instruments with a relatively low interest rate risk and moderate credit risk. The investment objective of the Scheme is to generate regular income through investment in a portfolio comprising money market instruments with residual maturity up to one year. The scheme will be benchmarked against NIFTY Money Market Index A-I. The fund will be managed by Vikrant Mehta, Arun Ramachandran, and Siddharth Deb. The exit load on this money market fund is nil. The scheme will allocate 0-100% in Money Market Instruments having residual maturity up to one year. The investment strategy would be towards generating regular returns through a portfolio of money market instruments seeking to capture the term and credit spreads. The scheme shall endeavor to develop a well-diversified portfolio of money market instruments. Money market funds invest in high-quality money market instruments and can generate slightly better returns than liquid funds, although they carry marginally higher risk. They are well-suited for investors looking to park surplus money from bonuses, windfalls, or contingency reserves, and who are seeking a balance between safety, return, and short-term liquidity. According to the Sebi mandate, money market funds make investment in money market instruments having maturity up to one year. Also Read | 11 NFOs to open for subscription this week, 3 belong to JioBlackRock Mutual Fund JioBlackRock Overnight Fund JioBlackRock Overnight Fund is an open ended debt scheme investing in overnight securities with a relatively low interest rate risk and relatively low credit risk. The investment objective of the scheme is to generate regular income through investment in a portfolio comprising debt and money market instruments with overnight maturity. The scheme will be benchmarked against Nifty 1D Rate Index. The fund will allocate 0-100% in overnight securities or debt and money market instruments maturing on or before next business day. The total assets of the scheme will be invested in debt securities and money market instruments maturing on or before next business day. In case of securities with put and call options (daily or otherwise) the residual maturity (deemed or actual) shall be on or before the next business day. According to a release by ICRA , the provisional rating assigned to all three funds is [ICRA]A1+mfs. Overnight funds are ideal for investors who need a very safe place to park their money for just a few days. These funds invest in instruments with a one-day maturity and carry minimal risk. They are well-suited for highly conservative investors, corporates, or individuals who want instant liquidity without exposing their money to market volatility. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

NFO Alert: JioBlackRock Money Market Fund opens today, offers low interest rate risk and moderate credit risk
NFO Alert: JioBlackRock Money Market Fund opens today, offers low interest rate risk and moderate credit risk

Time of India

time30-06-2025

  • Business
  • Time of India

NFO Alert: JioBlackRock Money Market Fund opens today, offers low interest rate risk and moderate credit risk

Jio BlackRock Mutual Fund has launched the Jio BlackRock Money Market Fund, and the NFO of the fund is open for subscription until July 2. The investment objective of the scheme is to generate regular income through investment in a portfolio comprising money market instruments with a residual maturity of up to one year. The fund is an open-ended debt scheme investing in money market instruments, with relatively low interest rate risk and moderate credit risk. Also Read | JioBlackRock Liquid Fund NFO to open on June 30. A safe bet for regular income? Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like War Thunder - Register now for free and play against over 75 Million real Players War Thunder Play Now Undo The scheme is suitable for investors seeking regular income over the short term and who want to generate income by investing in money market instruments, according to the Scheme Information Document (SID) of the fund. The scheme will be benchmarked against the NIFTY Money Market Index A-I and will be managed by Vikrant Mehta, Arun Ramachandran, and Siddharth Deb. Live Events Also Read | JioBlackRock Mutual Fund announces launch of investment management platform Aladdin The scheme will offer only direct plans and will provide solely a growth option. The minimum application amount for lump sum investment is Rs 500 and any amount thereafter. The minimum amount for switch-in to the scheme is Rs 500, and any amount thereafter. The minimum amount for weekly, monthly, and quarterly Systematic Investment Plans (SIPs) is Rs 500 and in multiples of Re 1 thereafter, with a minimum of six installments each. The exit load on this money market fund is nil. Investors may avail themselves of the SIP Top-up facility, which allows them to increase their SIP installments at predefined intervals. This feature enhances investors' flexibility to invest higher amounts during the SIP tenure. Investors can use the Top-up facility to increase their SIP installment amount by a minimum of Rs 50 and in multiples of Rs 50. Alternatively, they can opt to increase the SIP installment amount by 10% and in multiples of 5%. The scheme will allocate 0–100% to money market instruments having a residual maturity of up to one year. The investment strategy aims to generate regular returns through a portfolio of money market instruments, seeking to capture term and credit spreads. The scheme will endeavor to develop a well-diversified portfolio of money market instruments. Every investment opportunity in money market instruments will be assessed for credit risk, interest rate risk, liquidity risk, derivatives risk, and concentration risk, according to the Scheme Information Document (SID) of the fund. The principal invested in the scheme will carry low to moderate risk, as indicated by the scheme's riskometer. Also Read | JioBlackRock Mutual Fund launches website, unveils leadership team and early access initiative According to a release by ICRA , the provisional rating assigned to the fund is [ICRA]A1+mfs. The rating agency further mentioned that as the scheme is launching, the provisional rating is based on the indicative/allocated portfolio of the scheme with the credit score being comfortable at the assigned rating level. The provisional rating for the JioBlackRock Money Market Fund will be finalised upon the launch of the scheme, and analysis of the credit score of the scheme for at least three months, post launch, and its meeting the benchmark score for the assigned rating, the ICRA release said. In addition to the JioBlackRock Money Market Fund, the fund house is also launching an overnight fund and a liquid fund as well. The new fund offer (NFO) of overnight fund and liquid fund are open for subscription now and will close on July 2. ICRA has assigned [ICRA]A1+mfs rating to the JioBlackRock Liquid Fund and the JioBlackRock Overnight Fund as well. According to the Sebi mandate, money market funds make investment in money market instruments having maturity upto one year.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store