up-arrow
arrow_back

DSP BSE Liquid Rate ETF

DSP BSE Liquid Rate ETF

share icon
Benchmark: BSE Liquid Rate Index info icon
View Basket

This is a Debt, ETF fund with BSE Liquid Rate Index as its benchmark. The risk level for this fund is categorized as Low Risk.

Total AUM

573.3 crores as of May 31, 2024

Age of Fund

2 months since Mar 27, 2024

Expense Ratio

0.35% as of Jun 17, 2024

Exit Load

Nil  

Goal of Investment

Income Generation

Ideal holding period

3 Months+

Things to know before you invest

  1. Easy access to liquid money
    If you trade on stock markets actively, DSP BSE Liquid Rate ETF can help you utilize idle money in your broker account efficiently and make you potentially earn higher returns than your savings bank account.
  2. Hassle-free money movement
    Investing in DSP BSE Liquid Rate ETF helps you in avoiding extra steps in transactions to move money between your trading & bank account.
  3. Income compounding
    You stand a chance to enjoy the benefits of compounded returns since no IDCW is paid out.
  4. No Interest rate & credit risk
    It invests in low-risk securities like Tri-Party REPO, Repo in Government Securities, Reverse Repo and similar other overnight instruments.
  5. No hassle of fractional units or small bank transactions
    DSP BSE Liquid Rate ETF only has growth option & accordingly there are no fractional units created or payout made due to Income Distribution Cum Capital Withdrawal (IDCW).
  1. Consider this fund if you
    • If you want to park money for a very short period of time & may need to withdraw suddenly.
    • If you want to avoid cash being flushed out to bank accounts from demat accounts.
    • If you are a retail trader or an investor.
    • If you are a Portfolio Management Services (PMS) provider.
    • If you manage institutional money for a firm which invests directly in equities.
    • If you want to avoid hassle of calculating return due to IDCW getting credited to demat/bank accounts.
  1. This is a debt ETF. While investing in this ETF scheme carries Low Risk, it also means you are likely to earn low returns.

Fund managers:

Anil Ghelani

Anil Ghelani

Managing this fund since March 2024.
Managing this fund since March 2024.

right arrow iconSee funds managed by him

Diipesh Shah

Diipesh Shah

Managing this fund since March 2024.
Managing this fund since March 2024.

right arrow iconSee funds managed by him

Portfolio

Prescribed asset allocation: 95% - 100% Tri Party REPOs, Repo in Government Securities, Reverse Repos and any other similar overnight instruments as may be provided by RBI and approved by SEBI , 0% - 5% Cash and Cash Equivalents

Current Allocation

as of May 31, 2024

Top holdings

No Data to display

Top holdings

No Data to display

Top holdings

TREPS / Reverse Repo Investments

99.49%

Cash & cash equivalents

0.51%

Credit rating profile

Cash & Equivalent

100.00%

Instrument break-up

TREPS

100.00%


Indicators

Tracking Error

0.38 %

Tracking Error (Abs.)

0.024 %



Compare Performance

Note: Under SEBI regulations, the performance of this scheme can’t be displayed as it has been in existence for less than 1 year.

Fund Details

Fund Details

Investment Objective

The Scheme seeks to provide returns before expenses that correspond to the returns of BSE Liquid Rate Index, subject to tracking errors.
There is no assurance or guarantee that the investment objective of the scheme will be achieved.

Fund Type

Debt
ETF

An open ended scheme replicating/ tracking BSE Liquid Rate Index. A relatively low interest rate risk and relatively low credit risk.

Riskometer

Level of Risk in the Scheme

View details

Potential Risk Class Matrix : A-I

A-I is the potential risk class matrix of DSP BSE Liquid Rate ETF based on interest rate & credit risk.

Other Information

NSE/BSE Symbol LIQUIDADD
ISIN INF740KA1UM0
Bloomberg Code DLIQGRW
Minimum Investment Through Stock Exchange - 1 Unit & in multiples thereof.
NSE Disclaimer: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Draft Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of the 'Disclaimer Clause of NSE'

BSE Disclaimer: It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed that the SID has been cleared or approved by BSE Limited nor does it certify the correctness or completeness of any of the contents of the SID. The investors are advised to refer to the SID for the full text of the 'Disclaimer clause of the BSE Limited'.