Key metrics
Latest NAV
₹10.84
Day change
-0.42%
Volatility
16.6%
Sharpe
0.14
Max drawdown
-14.4%
Expense ratio
0.19%
AUM
₹192 Cr
Category rank
14 / 64
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -1.60% | -2.79% | 3.70% | 8.21% | 8.88% | – | – | – | – |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
JioBlackRock Nifty Next 50 Index Fund is a passive index fund/ETF offered by Jio BlackRock Mutual Fund, classified under Equity as Index Funds - Equity Funds. It aims to mirror an index rather than beat it, usually at a lower cost than active funds. Its latest NAV is ₹10.84, with assets under management of about ₹192 Cr (April - June 2026).
Performance analysis
Over the trailing one year, JioBlackRock Nifty Next 50 Index Fund has recorded a return of about 8.9%. Its annualised volatility is 16.6% — relatively large fluctuations — and its Sharpe ratio is 0.14, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.19%, deducted daily from the NAV.
Rolling returns
Frequently asked questions
What does JioBlackRock Nifty Next 50 Index Fund invest in?
It invests primarily in the constituents of the index it tracks.
How is this fund classified?
It is a Index Funds - Equity Funds fund in the Equity group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
What is its expense ratio?
0.19% (direct plan, base expense ratio), deducted daily from the NAV. Some platforms quote a higher all-in Total TER — verify with the AMC.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Similar Index Funds - Equity Funds
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| JioBlackRock Nifty Smallcap 250 Index Fund Index Funds - Equity Funds | 0.74 | 8.62 | 20.17 | 9.60 | – | – | – | 0.19 |
| Axis Nifty500 Quality 50 Index Fund Index Funds - Equity Funds | -2.48 | 0.53 | 8.54 | – | – | – | – | 0.15 |
| Groww Nifty Midcap 150 Index Fund Index Funds - Equity Funds | -1.26 | 3.77 | 8.95 | – | – | – | – | 0.34 |
| Axis BSE India Sector Leaders Index Fund Index Funds - Equity Funds | -3.37 | 2.28 | 1.25 | – | – | – | – | 0.13 |
| UTI Nifty500 Shariah Index Fund Index Funds - Equity Funds | -3.75 | 0.55 | 3.47 | – | – | – | – | 0.47 |
| Groww Nifty PSU Bank Index Fund Index Funds - Equity Funds | -4.40 | 0.79 | – | – | – | – | – | 0.40 |
| Axis Nifty India Defence Index Fund Index Funds - Equity Funds | 0.29 | 7.57 | – | – | – | – | – | 0.20 |
| Invesco India BSE Sensex Index Fund Index Funds - Equity Funds | -3.04 | 3.03 | – | – | – | – | – | 0.15 |
More funds from Jio BlackRock
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| JioBlackRock Short Term Fund Income/Debt Oriented Schemes - Short Term Fund | 0.42 | 2.17 | 3.13 | – | – | – | – | – |
| JioBlackRock Ultra Short to Short Term Fund Income/Debt Oriented Schemes - Ultra Short to Short Term Fund | 0.54 | 2.04 | 3.35 | – | – | – | – | – |
| JioBlackRock Sector Rotation Fund Equity Scheme - Thematic Fund | -2.27 | 3.35 | 2.86 | – | – | – | – | 0.50 |
| JioBlackRock Large Cap Fund Equity Scheme - Large Cap Fund | -3.29 | 3.06 | – | – | – | – | – | 0.50 |
| JioBlackRock Money Market Fund Income/Debt Oriented Schemes - Money Market Fund | 0.67 | 2.25 | 3.57 | 6.64 | – | – | – | 0.13 |
| JioBlackRock Overnight Fund Income/Debt Oriented Schemes - Overnight Fund | 0.42 | 1.29 | 2.61 | 5.30 | – | – | – | 0.06 |
| JioBlackRock Liquid Fund Income/Debt Oriented Schemes - Liquid Fund | 0.58 | 1.77 | 3.53 | 6.60 | – | – | – | 0.09 |
| JioBlackRock Nifty 8-13 yr G-Sec Index Fund Index Funds - Debt Funds | -0.61 | 1.85 | 1.58 | 3.48 | – | – | – | 0.09 |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.