August 22, 2026
mayank
Shriram Nifty 1D Rate Liquid ETF
| Fund at a Glance | |
| NAV Growth (Rs.) | 1,118.03 |
| NAV IDCW (Rs.) | — |
| NAV Bonu (Rs.) | — |
| Min. Investment (Rs.) | 1,000 |
| Min. SIP Investment (Rs.) | — |
| Min. No of Cheques | — |
| Benchmark | NIFTY 1D Rate Index |
| AUM Rs. | 41 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.40% |
| 1 Year Return (%) | — |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 5.39% |
Suitable For Which Investors?
Overnight funds are suitable for:
1. Parking emergency corpus or idle money for capital preservation
2. Earning slightly higher returns than savings bank account, with low volatility
3. Investment horizon of up to 1 year
Note:
• There is no guarantee of returns
• Not suitable for long-term wealth creation
• Being passively managed, the fund replicates the portfolio of its chosen benchmark index
Fund’s Investment Strategy:
The Scheme seeks to invest in Tri Party Repo on Government securities or treasury bills (TREPS). The Scheme aims to provide investment returns that, before expenses, correspond to the returns of the NIFTY 1D Rate Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the Scheme would be achieved.
Fund Manager:
1) Amit Modani
Education: Mr. Modani is Chartered Accountant
Experience: Prior to joining Shriram AMC, he has worked with Mirae Asset Mutual Fund, BOI AXA Mutual Fund, Quantum Asset Management Company Private Limited and Pramerica Asset Managers Pvt. Ltd.
2) Sudip Suresh More
Education: Mr. More has done B.E. (EXTC), MMS (Finance) and FRM
Experience: Prior to joining Shriram Mutual Fund, he has worked with Kshema General Insurance Company and Sahara India Life Insurance Company Ltd.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Shriram Nifty 1D Rate Liquid ETF
| Fund House | Shriram Mutual Fund |
| Launch Date | 05-Jul-24 |
| Return Since Launch | 5.39% |
| Benchmark | NIFTY 1D Rate Index |
| Riskometer | Low |
| Type | Open-ended |
| Assets | 41 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.40% |
| (As on 31-Jul-2026) | |
| Risk Grade | — |
| Return Grade | — |
Shriram Nifty 1D Rate Liquid ETF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Shriram Nifty 1D Rate Liquid ETF | 2.96 | 0.01 | 0.39 | 1.18 | 2.31 | 4.81 | — | — | — | — |
| Debt: Overnight | 3.20 | 0.01 | 0.41 | 1.26 | 2.50 | 5.18 | — | — | — | — |
| Rank within category | 50 | 52 | 50 | 52 | 51 | 48 | — | — | — | — |
| Number of funds in category | 53 | 54 | 55 | 53 | 53 | 52 | 39 | 30 | 24 | 3 |
Peer Comparison of Shriram 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 | |
| Shriram Nifty 1D Rate Liquid ETF | Unrated | 4.81 | — | — | 0.40 | 41 | 5.39 | — | 2Y 1M |
| Nippon India ETF Nifty 1D Rate Liquid BeES | Unrated | 4.50 | 5.26 | 4.86 | 0.59 | 11,614 | 5.76 | — | 23Y 1M |
| Zerodha Nifty 1D Rate Liquid ETF | Unrated | 5.01 | — | — | 0.23 | 10,233 | 5.73 | — | 2Y 7M |
| Kotak Nifty 1D Rate Liquid ETF | Unrated | 5.10 | 5.92 | — | 0.16 | 2,444 | 5.97 | — | 3Y 6M |
| DSP BSE Liquid Rate ETF | Unrated | 4.99 | — | — | 0.26 | 1,561 | 5.65 | — | 2Y 4M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | — | 3 |
| Macaulay Duration (yrs) | 0.01 | 0.01 |
| Average Maturity (yrs) | 0.01 | 0.01 |
| Yield to Maturity (%) | 5.22 | 5.27 |
| Avg Credit Rating | Cash | — |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://shrifunds.shriramamc.in/login
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