May 31, 2024
mayank
Zerodha Nifty 1D Rate Liquid ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 102.4377
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 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.
Fund Manager:
1) Apurv Parikh
Education: Mr. Parikh has done B.Com and CA
Experience: Prior to joining Zerodha Mutual Fund, he has worked with Equirus Group, NAVI AMC and L&T Finance
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | — |
| 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 | Zerodha Mutual Fund |
| Launch Date | 17-Jan-24 |
| Return Since Launch | 2.44% |
| Benchmark | NIFTY 1D Rate Index |
| Riskometer | Low |
| Type | Open-ended |
| Assets | Rs 843 Cr |
| (As on 30-Apr-2024) | |
| Expense | 0.26% |
| (As on 30-Apr-2024) | |
| Risk Grade | — |
| Return Grade | — |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Zerodha Nifty 1D Rate Liquid ETF | — | 0.02 | 0.51 | 1.58 | — | — | — | — | — | — |
| CCIL T Bill Liquidity Weight | — | -0.01 | 0.36 | 1.05 | — | — | — | — | — | — |
| Debt: Liquid | — | 0.02 | 0.58 | 1.84 | — | — | — | — | — | — |
| Rank within category | — | 37 | 37 | 37 | — | — | — | — | — | — |
| Number of funds in category | 36 | 37 | 37 | 37 | 36 | 35 | 35 | 34 | 30 | 29 |
Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Zerodha Nifty 1D Rate Liquid ETF | Unrated | — | — | — | 0.26 | 843 | 2.44 | — | 4M |
| Nippon India ETF Nifty 1D Rate Liquid BeES | Unrated | 5.77 | 4.51 | 3.76 | 0.69 | 11,231 | 5.84 | — | 20Y 10M |
| ICICI Pru S&P BSE Liquid Rate ETF | Unrated | 6.55 | 5.10 | 4.39 | 0.25 | 3,260 | 4.58 | — | 5Y 8M |
| DSP NIFTY 1D Rate Liquid ETF | Unrated | 6.78 | 4.96 | 4.38 | 0.40 | 1,155 | 4.75 | — | 6Y 2M |
| ABSL Liquid Dir | 5 star | 7.38 | 5.77 | 5.34 | 0.21 | 42,962 | 6.91 | 0.01 (1) | 11Y 4M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | — | 59 |
| Macaulay Duration (yrs) | 0.01 | 0.10 |
| Average Maturity (yrs) | 0.01 | 0.10 |
| Yield to Maturity (%) | — | 7.23 |
| Avg Credit Rating | Cash | — |
How to Invest in Zerodha Nifty 1D Rate Liquid ETF?
Chanakya’s Mutual Fund Guidance For Zerodha Nifty 1D Rate Liquid ETF
Apply Online: https://www.zerodhafundhouse.com/
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