JioBlackRock Mutual Fund has filed draft documents with India’s securities regulator for two proposed JioBlackRock funds: a life cycle scheme targeting 2056 and an ultra-short-term debt scheme. The filings were reported on October 26, 2026; the source did not specify launch dates.
Key Takeaways
- The life cycle fund would gradually shift its asset allocation toward debt as its 2056 target maturity approaches.
- The ultra-short-term fund would target a portfolio Macaulay duration of three to six months.
- Both schemes would have a minimum lump-sum or systematic investment plan application of ₹500.
JioBlackRock funds take different approaches
The proposed JioBlackRock Life Cycle Fund 2056 would be an open-ended scheme with a predetermined maturity and a defined glide path. It would seek long-term capital appreciation by investing across assets including equities, debt and commodities.
Its allocation would start with a relatively higher share of equity and growth-oriented assets, then gradually shift toward debt and income-oriented instruments as the target maturity approaches. Its permitted investments would also include gold and silver exchange-traded fund units, certain commodity derivatives, and units of real estate and infrastructure investment trusts.
The JioBlackRock Ultra Short Term Fund would instead seek income and liquidity primarily through debt and money market instruments. Its proposed portfolio would have moderate interest-rate and credit risk.
| Item | Details |
|---|---|
| Life cycle fund benchmark | 70% Nifty 500 TRI, 25% Nifty Composite Debt Index, 3% domestic gold price and 2% domestic silver price |
| Ultra-short-term fund benchmark | NIFTY Ultra Short Duration Debt Index AI |
| Life cycle fund target maturity | 2056 |
| Ultra-short-term portfolio duration | Macaulay duration of three to six months |
Minimum investments and management
For both schemes, the proposed minimum lump-sum application is ₹500, with any amount permitted thereafter. Systematic investment plans would also start at ₹500, with subsequent amounts in multiples of ₹1.
The draft documents identify six managers for the life cycle fund: Tanvi Kacheria, Sahil Chaudhary, Virendra Kumar, Arun Ramachandran, Vikrant Mehta and Siddharth Deb. Ramachandran, Mehta and Deb would manage the ultra-short-term fund.
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