NFO: Opportunity for only 3 days! Ambani’s SIP is here, you will get a chance to invest with just Rs 500
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If you have money and you want to invest them in a safe place for some time, then this news is for you. Now you have a new option. Jio and BlackRock have jointly launched a new mutual fund. And that is JioBlackRock Liquid Fund. This is the first scheme.
Its New Fund Offer (NFO) will be open from 30 June 2025 to 2 July 2025. That is, you now have two days time. During this time you can invest your money in it. This fund was launched at a time when banks have reduced interest on savings accounts.
NFO: What is JioBlackRock Liquid Fund?
Let us tell you that this is an open-ended liquid fund. Which means that you can invest money in it anytime. Not only this, you can also withdraw money from it anytime. Its purpose is to give regular income by investing money in safe instruments like money market and debt instruments with a duration of up to 91 days. According to the company, this fund is a good option for those who want to invest for low risk and short term.
Posted on X
The fund house tweeted on social media platform X. They wrote, “We often try to improve our rewards, routines and returns, but ignore the extra cash we have. Keeping this in mind, we have brought JioBlackRock Liquid Fund – where your extra money will be invested with discipline, control and global experience.”
Who can invest
If you want to invest a little money somewhere for a short time and want better returns than the bank, then JioBlackRock’s new Liquid Fund can be an option for you. This is an open-ended scheme. Meaning you can put money in it anytime and can also withdraw it whenever needed. The special thing is that it is designed for short term investment i.e. a few days or weeks.
How much to invest and when can you withdraw?
The minimum investment starts from just ₹500. But if you put money and withdraw it on the first day of allotment, then a small charge of 0.0070% will be deducted. This charge decreases every day and ends completely after the seventh day.
Return of Liquid Fund
Today when banks like SBI or HDFC are giving up to 2.5% interest on savings account. In such a situation, this fund claims a return of up to 5-6%. Although there is no guarantee, the return can still be better. This fund is new and the fund house (JioBlackRock) has no track record. So, it is important to be careful while investing.
Disclaimer: If you have some extra money which you want to invest for a few days and want to earn better from your savings account, then you can try this fund. But do take advice from an expert first. This article is for information purposes only.
