March 16, 2024
mayank
DSP NIFTY 1D Rate Liquid ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV IDCW Daily: Rs 1,000.0000
Suitable For Which Investors?
“Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don’t need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.
Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The Scheme seeks to provide current income, commensurate with relatively low risk while providing a high level of liquidity, primarily through a portfolio of Collateralized Borrowing & Lending Obligation (CBLO), Repo in Government Securities, Reverse Repos and similar other overnight instruments.
Fund Manager:
1) Anil Ghelani
Education: Mr. Ghelani has done B. Com., CFA & CA
Experience: Prior to joining DSP Mutual Fund he has worked with IL&FS, S. R. Batliboi, V. C. Shah & Co.
2) Diipesh Shah
Education: Mr. Shah is a B Com, ACA, Candidate of the CFA Program, CFA Institute USA, Level I Cleared
Experience: Prior to joining DSP Mutual Fund, he has worked with JM Financial, Centrum Broking, IDFC Securities, ICICI Securities and IIFL Capital Pte Ltd Singapore.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 1 |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | DSP Mutual Fund |
| Launch Date | 14-Mar-18 |
| Return Since Launch | 4.69% |
| Benchmark | NIFTY 1D Rate Index |
| Riskometer | Low |
| Type | Open-ended |
| Assets | Rs 1,294 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.40% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | — |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| DSP NIFTY 1D Rate Liquid ETF | 1.30 | 0.02 | 0.49 | 1.58 | 3.24 | 6.80 | 4.71 | 4.40 | — | — |
| CCIL T Bill Liquidity Weight | 0.98 | 0.03 | 0.40 | 1.15 | 2.27 | 4.77 | 3.23 | 3.28 | — | — |
| Debt: Liquid | 1.45 | 0.02 | 0.57 | 1.77 | 3.47 | 7.04 | 5.21 | 5.02 | — | — |
| Rank within category | 41 | 17 | 41 | 40 | 39 | 33 | 36 | 34 | — | — |
| Number of funds in category | 43 | 43 | 43 | 43 | 42 | 39 | 37 | 36 | 31 | 30 |
Peer Comparison of DSP NIFTY 1D Rate Liquid ETF
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| DSP NIFTY 1D Rate Liquid ETF | Unrated | 6.80 | 4.71 | 4.40 | 0.40 | 1,294 | 4.69 | — | 6Y |
| Nippon India ETF Nifty 1D Rate Liquid BeES | Unrated | 5.77 | 4.26 | 3.72 | 0.69 | 12,257 | 5.84 | — | 20Y 8M |
| ICICI Pru S&P BSE Liquid Rate ETF | Unrated | 6.54 | 4.82 | 4.35 | 0.25 | 3,278 | 4.51 | — | 5Y 5M |
| ABSL Liquid Reg | 4 star | 7.22 | 5.34 | 5.22 | 0.34 | 43,962 | 6.97 | 0.01 (1) | 19Y 11M |
| Axis Liquid Reg | 5 star | 7.25 | 5.37 | 5.22 | 0.24 | 33,841 | 6.99 | 0.01 (1) | 14Y 5M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | — | 64 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | Cash | — |
How to Invest in DSP NIFTY 1D Rate Liquid ETF?
Chanakya’s Mutual Fund Guidance For DSP NIFTY 1D Rate Liquid ETF
Apply Online: https://www.dspim.com/ifaxpress/ifalogin
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
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https://www.youtube.com/c/ChanakyaNiPothi
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https://t.me/chanakyaMFGuidance
Quicklinks
https://sahifund.com/360-one-liquid-fund/