Jio BlackRock MF introduces Low Duration Fund
Jio BlackRock Mutual Fund has launched JioBlackRock Low Duration Fund, an open-ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months with relatively high interest rate risk and moderate credit risk. The NFO opens for subscription on January 08, 2026 and closes on January 13, 2026. No entry and exit load will be charged under the scheme. The minimum subscription amount is Rs 500/- and any amount thereafter.
The performance of the Scheme will be benchmarked to NIFTY Low Duration Debt Index A-I and its fund managers are Arun Ramachandran, Vikrant Mehta and Siddharth Deb.
The investment objective of the Scheme is to generate income through investment in debt and money market instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months.
