JioBlackRock Arbitrage Fund (Direct)
Jio BlackRock Mutual Fund · benchmark: the median arbitrage fund · 0.9 years old · AMFI code 154076
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Returns against the index
| Period | Fund | Index (TRI) | Difference | Rank in category |
|---|---|---|---|---|
| 6 months | 3.6% | 3.3% | +0.3% | 6 / 38 |
| 1 year | – | – | – | – |
| 3 years (a year) | – | – | – | – |
| 5 years (a year) | – | – | – | – |
Growth option, point to point to 6 Nov 2026; periods over a year are annualised (CAGR). Index returns use the total-return index, which includes dividends.
Risk
Portfolio
An arbitrage fund buys shares and sells the same shares in the futures market, so its stock list says nothing about its risk; we leave it out. What matters is the return it earns over short-term rates, its costs and its size.
Common questions
What is the NAV of JioBlackRock Arbitrage Fund (Direct plan)?
₹10.63 on 6 Nov 2026 (Growth option).
What is the expense ratio of JioBlackRock Arbitrage Fund (Direct)?
2.04% a year; the Regular plan's is 3.51%.
Is JioBlackRock Arbitrage Fund better than a liquid fund?
Before tax, arbitrage funds usually earn a little less than liquid funds. They are taxed as equity, so for an investor in the 30% slab who holds for over a year, they have usually come out ahead after tax; see the table above. For lower slabs or short holdings the gap narrows.
How are arbitrage funds taxed?
As equity funds: gains on units held over a year are taxed at 12.5% beyond ₹1.25 lakh a year (plus cess); held for a year or less, at 20%. Liquid fund gains are added to your income and taxed at your slab rate.
Data as of 6 Nov 2026: NAVs from AMFI, index data from NSE Indices, portfolios from Jio BlackRock Mutual Fund's monthly disclosure. Updated every weekday. Read the scheme documents before investing.