October 2, 2026
mayank
Zerodha Nifty 1D Rate Liquid ETF
| Fund at a Glance | |
| NAV Growth (Rs.) | 116.13 |
| NAV IDCW (Rs.) | — |
| Bonus NaV (Rs.) | — |
| Min. Investment (Rs.) | 500 |
| Min. SIP Investment (Rs.) | — |
| Min. No of Cheques | — |
| Benchmark | NIFTY 1D Rate Index |
| AUM Rs. | 10,184 Cr |
| (As on 31-Aug-2026) | |
| Expense | 0.23% |
| 1 Year Return (%) | 4.95 |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 5.69% |
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.
Fund Manager:
1) ) Kedarnath Mirajkar
Education: Mr. Mirajkar has done PGDBM (Finance)
Experience: Prior to joining Zerodha Mutual Fund, he has worked with ABSL AMC, HDFC Bank as a Deupty Manager, Bombay Dyeing as a Finance Executive. He has over 10 years of experience in the Mutual Fund Industry.
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 of Zerodha Nifty 1D Rate Liquid ETF
| Fund House | Zerodha Mutual Fund |
| Launch Date | 17-Jan-24 |
| Return Since Launch | 5.69% |
| Benchmark | NIFTY 1D Rate Index |
| Riskometer | Low |
| Type | Open-ended |
| Assets | 10,184 Cr |
| (As on 31-Aug-2026) | |
| Expense | 0.23% |
| (As on 31-Aug-2026) | |
| Risk Grade | — |
| Return Grade | — |
Zerodha Nifty 1D Rate Liquid ETF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Zerodha Nifty 1D Rate Liquid ETF | 3.62 | 0.01 | 0.40 | 1.20 | 2.45 | 4.95 | — | — | — | — |
| Debt: Overnight | 3.81 | 0.01 | 0.41 | 1.26 | 2.57 | 5.22 | — | — | — | — |
| Rank within category | 37 | 37 | 32 | 36 | 36 | 38 | — | — | — | — |
| Number of funds in category | 38 | 41 | 39 | 38 | 38 | 38 | 33 | 27 | 22 | 2 |
Peer Comparison of Zerodha Nifty 1D Rate Liquid Exchange Traded Fund
| 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 | 4.95 | — | — | 0.23 | 10,184 | 5.69 | — | 2Y 8M |
| Nippon India ETF Nifty 1D Rate Liquid BeES | Unrated | 4.43 | 5.20 | 4.90 | 0.59 | 11,101 | 5.76 | — | 23Y 2M |
| Kotak Nifty 1D Rate Liquid ETF | Unrated | 5.03 | 5.85 | — | 0.16 | 2,481 | 5.94 | — | 3Y 8M |
| DSP BSE Liquid Rate ETF | Unrated | 4.93 | — | — | 0.26 | 1,905 | 5.61 | — | 2Y 6M |
| ICICI Pru BSE Liquid Rate ETF-Growth | Unrated | 5.00 | — | — | 0.21 | 1,247 | 5.16 | — | 1Y 6M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 1 | 4 |
| Macaulay Duration (yrs) | 0.01 | — |
| Average Maturity (yrs) | 0.01 | — |
| Yield to Maturity (%) | 5.09 | 5.07 |
| Avg Credit Rating | Cash | — |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://www.zerodhafundhouse.com/
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