Jio BlackRock Liquid Fund: How much return can you expect?

Jio BlackRock Liquid Fund What returns can you realistically expect? How does it compare to other liquid funds or even arbitrage funds after tax? And if you’re planning to park short-term money, which one’s better for your tax slab? Read the full breakdown. India's mutual fund landscape just got a big shake-up. Jio BlackRock Mutual Fund, the joint venture between Jio Financial Services and global asset manager BlackRock, has made a splashy debut with the launch of its debt schemes. In just three days, the fund house mobilised a staggering Rs 17,800 crore across its overnight, liquid and money market funds. Since there is a great appetite for Jio BlackRock funds, let’s take a close look at one of their flagship funds: Jio BlackRock Liquid Fund. But first, what are liquid funds? Liquid funds are a type of debt funds that invest in short-term debt instruments like treasury bills (T-bills), commercial papers (CPs), certificates of deposit (CDs) and repo instruments, all of which mature within 91 days. These are designed for short-term parking of money — typically for a year. They are ideal for: Emergency funds Parking large sums between investments Earning better returns than a bank savings account (3–4 per cent) How have liquid funds performed? An average