| KOTAK NIFTY 1D RATE LIQUID ETF
An open-ended Exchange Traded Fund replicating/tracking NIFTY 1D Rate Index. A Relatively Low Interest Rate Risk and Relatively Low Credit Risk.
NSE Symbol - LIQUID1
| KOTAK NIFTY 1D RATE LIQUID ETF
An open-ended Exchange Traded Fund replicating/tracking NIFTY 1D Rate Index. A Relatively Low Interest Rate Risk and Relatively Low Credit Risk.
NSE Symbol - LIQUID1

      

      
Investment Objective
The investment objective of the Scheme is to invest in Triparty repo on Government securities or treasury bills (TREPS). The Scheme aims to provide investment returns that, before expenses, closely correspond to the returns of the NIFTY 1D Rate Index, subject to tracking difference. There is no assurance or guarantee that the investment objective of the scheme would be achieved

The investment objective of the Scheme is to invest in Triparty repo on Government securities or treasury bills (TREPS). The Scheme aims to provide investment returns that, before expenses, closely correspond to the returns of the NIFTY 1D Rate Index, subject to tracking difference. There is no assurance or guarantee that the investment objective of the scheme would be achieved

Issuer/Instrument % to Net
Assets

Triparty Repo 99.46
Net Current Assets/(Liabilities) 0.54
Grand Total 100.00

Net Asset Value (NAV)
Rs1032.6363
(as on January 31, 2025)

Available Plans/Options

Growth Option


Debt Quant
Average Maturity 2.99 days
Modified Duration 2.99 days
Macaulay Duration 2.99 days
Annualised YTM* 6.50%
Tracking Error 0.02%
*in case of semi annual YTM, it will be annualized.

Fund Manager* Mr. Abhishek Bisen &
Mr. Satish Dondapati
BenchmarkNIFTY 1D Rate Index
Allotment dateJanuary 24, 2023
AAUMRs815.45 crs
AUMRs813.62 crs
Folio count4,104

Minimum Investment Amount

Through Exchange: 1 Unit,
Through AMC: 100 Units and in multiple thereof
Greater than Rs. 25 Crore- For Large Investors***

Ideal Investments Horizon

• 1-15 days


IDCW Frequency

Not Applicable


Load Structure

Entry Load: Nil.
Exit Load: Nil.


Total Expense Ratio**
0.19%

Data as on 31st January, 2025 unless otherwise specified.
Folio Count data as on 31st December 2024.

Fund



Benchmark : NIFTY 1D Rate Index


This product is suitable for investors who are seeking*:
  • Income over a short term investment horizon.
  • Investment in Tri-party repo on Government securities or treasury bills (TREPS).

* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

The above risk-o—meter is based on the scheme portfolio as on 31st December, 2024. An addendum may be issued or updated on the website for new riskometer.


***Not applicable to Recognised Provident Funds, approved gratuity funds and approved superannuation funds under Income Tax Act, 1961, Schemes managed by Employee Provident Fund Organisation of India and Market Makers as per para 3.6.2.1 and 3.6.2.2 of SEBI Master Circular no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024 as amended from time to time along with SEBI letter no. SEBI/HO/IMD- POD-2/P/OW/2024/15311/1 dated April 26, 2024 and SEBI letter no. SEBI/HO/IMD- POD-2/P/OW/2024/34080/1 dated October 29, 2024.
* For Fund Manager experience, please refer 'For Regular Plan' & 'For Direct Plan'
Total Expense Ratio includes applicable B30 fee and GST
For scheme performance, please refer 'For Regular Plan' & 'For Direct Plan'