JioBlackRock Nifty 8-13 yr G-Sec Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 17, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
JioBlackRock Nifty 8-13 yr G-Sec Index Fund Direct Growth Plan is at a NAV of ₹10.3544 as of 16 Sep 2026, with scheme AUM of ₹31 Cr. Its 1-year, 3-year and 5-year returns are 2.95%, 0% and 0%, and the fund sits in the Medium Risk bucket. Our view is that this is a conservative gilt-style exposure that has delivered modest positive recent returns, but the short track record and limited longer-history figures mean it suits investors who want government-securities exposure and can live with muted return visibility.
The fund’s benchmark-linked behaviour has been mixed, and the current portfolio is heavily anchored to a small set of government securities. That makes the scheme easier to understand, but it also means return outcomes are likely to depend on a narrow duration profile rather than a broad spread of holdings.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹10.3544 as of 16 Sep 2026 |
| AUM | ₹31 Cr |
| Expense Ratio | 0.1% |
| Launch Date | 18 Aug 2025 |
| Min SIP | ₹500 |
| Risk Category | Medium Risk |
| Benchmark | Nifty 50 |
| Exit Load | No exit load |
| Fund Managers | Vikrant Mehta, Siddharth Deb, Arun Ramachandran |
The fund is managed by Vikrant Mehta, Siddharth Deb and Arun Ramachandran.
Source data date: as of 16 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -1.12% | -4.41% |
| 3M | 0.49% | -3.6% |
| 1Y | 2.95% | -7.76% |
| 3Y | Data not available | Data not available |
| 5Y | Data not available | Data not available |
The recent pattern is steadier than the benchmark’s, especially over 1M and 3M, where the fund has been less weak than the index. Over 1 year, the fund has held a positive return while the benchmark has stayed negative, which tells us the scheme has preserved a more resilient path through the latest period.
The path is not smooth, though. The 1M series shows a small pullback after earlier stability, while the 3M and 1Y series point to a gradual recovery with some interruptions. That kind of movement is consistent with a bond fund that can benefit when rates or yields move in its favour, but it can still experience short spells of softness.
What stands out is that the fund’s current return profile looks better than the benchmark across every displayed horizon. The gap is especially visible over 1Y, where the fund has stayed positive while the benchmark remains firmly negative. For investors, that makes the recent behaviour more important than the missing longer-history figures.
Because 3Y and 5Y figures are not yet available, we would treat the 1Y, 3M and 1M numbers as the more useful guide for now. They suggest a fund that has defended itself better than the benchmark recently, but without enough history to judge whether that advantage is durable.
Source data date: as of 16 Sep 2026
Should you BUY or HOLD JioBlackRock Nifty 8-13 yr G-Sec Index?
A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.
The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.
Already holding JioBlackRock Nifty 8-13 yr G-Sec Index? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| JioBlackRock Nifty 8-13 yr G-Sec Index Fund Direct Growth Plan | 2.95% | Data not available | Data not available |
| Baroda BNP Paribas Gold ETF FoF Direct Growth Plan | 34.39% | Data not available | Data not available |
| HDFC Innovation Fund Direct Growth Plan | 14.3% | Data not available | Data not available |
| Bajaj Finserv Small Cap Fund Direct Growth Plan | 13.33% | Data not available | Data not available |
| Quant Equity Savings Fund Direct Growth Plan | 8.75% | Data not available | Data not available |
| Kotak Active Momentum Fund Direct Growth Plan | 6.31% | Data not available | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.
The fund’s 1-year return trails all five peer funds listed here, so the recent picture is clearly modest by comparison. That said, the peer set spans very different strategies, and the more relevant point is that this gilt fund is acting like a lower-volatility debt-style allocation rather than chasing the same return profile as the equity- and thematic-oriented peers.
With no 3Y or 5Y peer history available for any of the listed funds, the comparison is mostly about the recent cycle. On that basis, the current fund looks calmer but less rewarding than the peers on 1-year numbers, which is consistent with the portfolio’s government-securities concentration.
Source data date: as of 16 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| 6.94% GOI 2036 (11-May-2036) | Government Securities | 51.9% |
| 6.48% GOI 2035 (06-Oct-2035) | Government Securities | 25.85% |
| 6.33% GOI 2035 (05-May-2035) | Government Securities | 19.79% |
| Net Receivables / (Payables) | Cash & Cash Equivalents and Net Assets | 2.01% |
The largest holding is 6.94% GOI 2036 at 51.9% of the portfolio, so more than half the scheme is tied to one security. That single line item is large enough to be the main driver of the fund’s interest-rate sensitivity, even before the other government bonds are considered.
Weight then drops to 25.85% and 19.79% in the next two securities, which means the portfolio is not evenly spread. The difference between the first and third holdings is still substantial, so the fund’s behaviour could be shaped much more by a handful of sovereign papers than by a wide tail of positions.
Only four holding rows are disclosed, and the top three alone account for 97.54% of the portfolio, with the full disclosed set reaching 99.55% including receivables. That makes the scheme look highly concentrated within its visible holdings, although the concentration is in government securities rather than in single-company credit risk.
Source data date: as of 16 Sep 2026
Who should invest
This fund may suit investors who are comfortable with Medium Risk and want a government-securities exposure rather than an equity-style return profile. The short performance history and the absence of long-run 3Y and 5Y numbers mean it is better viewed as a shorter-history debt allocation than as a mature performance record.
The main fit is for a medium- to longer-term investor who can accept that returns may be steady but not especially high, and that short-term movement can still occur. The key trade-off is clear: the portfolio is built around sovereign bonds and may offer stability relative to riskier assets, but that stability can come with more limited return upside.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
No exit load applies if units are sold anytime.
Source data date: as of 16 Sep 2026
Frequently asked questions
What is the current NAV of JioBlackRock Nifty 8-13 yr G-Sec Index Fund Direct Growth Plan?
The current NAV is ₹10.3544 as of 16 Sep 2026.
What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s 1-year return is 2.95%, while the 3-year and 5-year returns are not available yet.
How has the fund compared with its benchmark recently?
It has performed better than the benchmark across the displayed horizons. The 1-year return is positive while the benchmark is negative, and the same gap is visible over 3M and 1M as well.
How does it compare with the peer funds listed here?
Its 1-year return is lower than the peer funds listed in the comparison table. The peers shown have much stronger recent 1-year numbers, although they follow different strategies.
What is the minimum SIP amount?
The minimum SIP amount is ₹500.
Who manages the fund and what is the exit load?
The fund is managed by Vikrant Mehta, Siddharth Deb and Arun Ramachandran. There is no exit load if units are sold anytime.
Bottom line
This fund’s recent return profile is steadier than its benchmark, but its long-term record is still too short to judge with confidence. On the available peer comparison, its 1-year return is much lower, yet the fund also carries a more conservative government-securities structure and a Medium Risk label. That makes it more relevant for investors who want a concentrated sovereign-bond allocation and can accept a modest return profile rather than a high-growth one.
Published on 17 September 2026 at 10:37 AM IST
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RIA disclosure
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.