DSP NIFTY 1D Rate Liquid ETF

Benchmark: NIFTY_1D_Rate_Index

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Return:

Annualized

Absolute

This fund

NIFTY_1D_Rate_Index

CRISIL 1 Year T-Bill Index

This is an Exchange Traded Fund fund with NIFTY_1D_Rate_Index as its benchmark. The risk level for this fund is categorized as Low Risk.

Total AUM

₹762.01 crores as of Oct 31, 2024

Age of Fund

6 years 8 months since Mar 14, 2018

Expense Ratio

0.3% as of Nov 17, 2024

Exit Load

Nil

Goal of Investment

Cash Management

Ideal holding period

3 Days+

Rolling Returns

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

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Things to know before you invest

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What is in DSP NIFTY 1D Rate Liquid ETF?

DSP NIFTY 1D Rate Liquid ETF helps investors maintain liquidity for trading on the stock market.
It invests in low-risk overnight securities like Collateralized Borrowing & Lending Obligations (CBLO), Repo and Reverse Repo securities.
It aims to provide an income commensurate with low risk, but at the same time, provides a high level of liquidity.
Income is distributed to investors in the form of daily dividend which is paid put on weekly basis.

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Why should one invest in DSP NIFTY 1D Rate Liquid ETF?

Suitable as a cash management tool due to high liquidity.
Potential to earn returns even on idle funds, while maintaining liquidity to benefit from attractive investment opportunities in the stock market.
Earn potentially higher returns vs idle money idle in your margin account or your savings.
Convenient way to maintain 'margin money' since you won't need to make unnecessary transactions or move money between trading & bank account.
This is a relatively safe ETF with no interest rate risk and low credit risk.

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Who should invest in DSP NIFTY 1D Rate Liquid ETF?

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

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Rethink before you invest

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

Managing this fund since July 2019.

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Managing this fund since July 2019.

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Diipesh Shah

Managing this fund since November 2020.

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Managing this fund since November 2020.

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Anil has been working with DSP Group since 2003 and is currently Head of Passive Investments & Products. Previously, he served as the Business Head & Chief Investment Officer at DSP Pension Fund Managers and prior to that leading the Risk and Quantitative Analysis team at DSP Mutual Fund responsible for monitoring of portfolio risk and buy-side credit research on companies across various sectors.
He also worked at IL&FS Asset Management Company and at S.R. Batliboi a member firm of EY. He is currently serving in volunteer capacity as a Director and Vice Chairman of the CFA Society India.
Anil is a CFA Charter Holder (CFA Institute USA), Chartered Accountant (ICAI India) and holds a Bachelor of Commerce degree (University of Mumbai).

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

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

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

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

Diipesh has a total work experience of Over 20 years.
He is working with DSP from September 2019 as a Dealer for ETF and Passive Investments. Now he is also Fund Manager of various schemes of DSP Mutual Fund.
Diipesh has also worked with JM Financial Institutional Broking Limited, Centrum Broking Limited, IDFC Securities Limited and Kotak Securities Limited as Institutional Equity Sales Trading.
He is a Chartered Accountant (ICAI India) and also holds a Bachelor of Commerce Degree.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

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

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

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

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 Oct 31, 2024

Equity 0%
Debt / cash 99.58%

Equity
Debt / Cash

Top holdings

No Data to display

Top holdings

No Data to display

Top holdings

TREPS / Reverse Repo Investments

99.58%

Cash & cash equivalents

0.42%

Credit rating profile

Cash & Equivalent

100.00%

Instrument break-up

TREPS

100.00%

See 1 holding Top Group Holdings

Indicators

Tracking Error

0.02 %

Tracking Error (Abs.)

0.001 %

Historical Returns (As per SEBI format)as of with investment of₹10,000
As per SEBI format
As per IDCW history

	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:

Returns RangesStatistics

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

Scheme disclaimers

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

Exchange Traded Fund

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

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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.