Zerodha Nifty 1D Rate Liquid ETF
A simple ETF for effectively parking and managing extra cash
AUM
₹851.52Cr
Expense Ratio
0.26%
Risk
Low
iNAV
₹101.8779
Ideal for
Short Term
Easy Liquidity
Cash Management
About the fund
Zerodha Nifty 1D Rate Liquid ETF aims to provide liquidity with relatively low risk. It follows the "Nifty 1D Rate" as its benchmark and invests in overnight instruments like Tri-Party Repo on Government Securities or T-bills, Reverse repo, Cash & Cash equivalents and G-Sec(s). This ETF offers a simple and effective way to manage cash with a relatively low interest rate and credit risk.
It is the first Liquid ETF in India that provides convenience of Growth NAV (Net Asset Value), thus making it easier to track and maintain by eliminating dividend tracking. Additionally, the returns are taxed only when the ETF is sold, unlike other ETFs that pay dividends and are taxed continuously.
This ETF may be a good choice for investors/traders who have extra money and want both liquidity and growth in a short period. Investors can start investing in Zerodha Nifty 1D Rate Liquid ETF using their preferred stock brokers.
Past Performance
Tax Implication
All gains from the units of the Liquid ETFs, irrespective of the holding period, will be considered as Short Term Capital Gains (STCG) and will be taxed as per the tax slab of the investor (plus surcharge, if any and 4% cess)
| Top Holdings | Weightage (%) |
|---|---|
| TREPS | 99.52 % |
| Cash & Cash Equivalents | 0.48 % |
Fund Manager
Apurv has over 5 years of experience in debt fund management and capital markets, across various roles at NAVI Mutual Fund and L&T Finance Group. Apurv’s belief, in his own words, is that “Debt is key asset class to all investors, protecting portfolio against market volatility during economic cycles. Our simple and relevant passive debt solutions are designed to help you better navigate market cycles and achieve goal-based objectives."
Riskometer
Riskometer of the scheme
Riskometer of the benchmark - NIFTY 1D Rate
This product is suitable for investors who are seeking*:
- Short Term savings solution
- Investment in securities covered by NIFTY 1D Rate Index
Investors should understand that their principal will be at Low Risk
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.