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DSP NIFTY 1D Rate Liquid ETF

DSP NIFTY 1D Rate Liquid ETF

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Benchmark: NIFTY_1D_Rate_Index info icon
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Return:

This fund

%

NIFTY_1D_Rate_Index

%

CRISIL 1 Year T-Bill Index

%

Invested

Earning

This fund

%

NIFTY_1D_Rate_Index

%

CRISIL 1 Year T-Bill Index

%

This is a Debt fund with NIFTY_1D_Rate_Index as its benchmark. The risk level for this fund is categorized as Low Risk.

Total AUM

1,044.77 crores as of May 31, 2024

Age of Fund

6 years 3 months since Mar 14, 2018

Expense Ratio

0.35% as of Jun 17, 2024

Exit Load

Nil  

Goal of Investment

Income Generation

Ideal holding period

3 Months+

Rolling Returns

Bars show distribution of returns in given range for selected time period

View performance details

Things to know before you invest

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What is in DSP NIFTY 1D Rate Liquid ETF?

  1. DSP NIFTY 1D Rate Liquid ETF helps investors maintain liquidity for trading on the stock market.
  2. It invests in low-risk overnight securities like Collateralized Borrowing & Lending Obligations (CBLO), Repo and Reverse Repo securities.
  3. It aims to provide an income commensurate with low risk, but at the same time, provides a high level of liquidity.
  4. Income is distributed to investors in the form of daily dividend which is paid put on weekly basis.
  1. Suitable as a cash management tool due to high liquidity.
  2. Potential to earn returns even on idle funds, while maintaining liquidity to benefit from attractive investment opportunities in the stock market.
  3. Earn potentially higher returns vs idle money idle in your margin account or your savings.
  4. Convenient way to maintain 'margin money' since you won't need to make unnecessary transactions or move money between trading & bank account.
  5. This is a relatively safe ETF with no interest rate risk and low credit risk.
  1. Consider this fund if you
    • Want to park money for a very short period of time & may need to withdraw suddenly.
    • Want to trade actively but don't want your money to remain idle in a margin account.
    • Are a large retail trader or investor or a High Net Worth Individual.
    • Are a Portfolio Management Services (PMS) provider
    • Are a Futures & Options (F&O) broker
    • Manage institutional money for a firm which invests directly in equities
  1. While investing in NIFTY 1D Rate Liquid ETF scheme carries Low Risk, this also means you are likely to earn low returns.

Fund managers:

Anil Ghelani

Anil Ghelani

Managing this fund since July 2019.
Managing this fund since July 2019.

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Diipesh Shah

Diipesh Shah

Managing this fund since November 2020.
Managing this fund since November 2020.

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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% Other Money Market Instruments with residual maturity of upto 91 days
*The Scheme retains the flexibility to invest across all the securities in money market instruments as permitted by SEBI / RBI from time to time, including Liquid/Money market schemes of mutual funds.

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

99.52%

Cash & cash equivalents

0.48%

Credit rating profile

Cash & Equivalent

100.00%

Instrument break-up

TREPS

100.00%


Indicators

Tracking Error

0.03 %

Tracking Error (Abs.)

0.002 %



Compare Performance

  • Historical Returns (As per SEBI format)as of with investment of10,000

This fund NIFTY_1D_Rate_Index ^ CRISIL 1 Year T-Bill Index # Tracking difference
CAGR Current Value CAGR Current Value CAGR Current Value

Income distribution Cum Capital Withdrawal (IDCW) Distributed

Record Date IDCW per unit NAV Before NAV After

Chart type:

Invested as

Invested Amount

Invested period

Funds Minimum Median Maximum % times -ve returns % times returns > 7%

Date of allotment: Mar 14, 2018.

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Since inception returns have been calculated from the date of allotment till June 30, 2021

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

^ Fund Benchmark # Standard Benchmark

Fund Details

Fund Details

Investment Objective

The investment objective of the Scheme is to seek to provide current income, commensurate with relatively low risk while providing a high level of liquidity, primarily through a portfolio of Tri Party REPO, Repo in Government Securities, Reverse Repos and similar other overnight instruments.
There is no assurance that the investment objective of the Scheme will be realized.

Fund Type

Debt

An open ended scheme investing in Tri Party REPO, Repo in Government Securities, Reverse Repo and similar other overnight instruments.
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 NIFTY 1D Rate Liquid ETF based on interest rate & credit risk.

Other Information

NSE/BSE Symbol LIQUIDETF
BSE Script Code 541097
ISIN INF740KA1EU7
Bloomberg Code DLIQETF IN Equity
Reuters Code DSPB.NS & DSPB.BO
Minimum Investment Through Stock Exchange - 1 Unit & in multiples thereof.

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