• ETF
  • Kotak Nifty 1D Rate Liquid ETF (PIDCW-M)
Kotak Nifty 1D Rate Liquid ETF (PIDCW-M)

Kotak Nifty 1D Rate Liquid ETF (PIDCW-M)

DebtLiquid 
  • 1000.00000

    NAV

  • 0%

    Change

Kotak Nifty 1D Rate Liquid ETF NAV

1000.00000

NAV (May 29)

Kotak Nifty 1D Rate Liquid ETF returns

Last 1Y
6%
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
6%
6 Month CAGR
2.8%
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Kotak Nifty 1D Rate Liquid ETF Information

Investment Objective

The investment objective of the Scheme is to invest in Triparty repo on Government securities or treasury bills (TREPS). The Scheme aims to provide investment returns that,before expenses,closely correspond to the returns of the NIFTY 1D Rate Index,subject to tracking difference.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

Low Risk

Expense Ratio
0.2
Launched (1y ago)
Jan 18, 2023
AUM in Crores
48.616
ISIN
INF174KA1LV5
Beta (5yr)
0
Sharpe Ratio (3yr)
0
Sharpe Ratio (5yr)
0
YTM
6.63
Fund Managers
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Abhishek Bisen

Fund Manager

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Satish Dondapati

Fund Manager

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Asset allocation and Holdings

Last updated on 2024-05-30

Top 10 Stock Holdings

triparty repo
98.7 %
net current assets/(liabilities)
1.3 %

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Kotak Nifty 1D Rate Liquid ETF (PIDCW-M) Review

Kotak Nifty 1D Rate Liquid ETF (PIDCW-M) is an Exchange Traded Fund which is benchmarked to Nifty 1D Rate Index. Kotak Nifty 1D Rate Liquid ETF (PIDCW-M) is managed by the Kotak Mahindra Asset Management Co Ltd with the fund managers being Abhishek Bisen, Satish Dondapati. The Kotak Nifty 1D Rate Liquid ETF (PIDCW-M) was launched on Jan 18, 2023 with no lock-in period. Since its inception, the fund has delivered 6% as a return on investment. The fund has delivered a 1-year return of 6%, a 3-year return of null%, and a 5-year return of null%.

As on 30 May, 2024 the NAV of the fund is Rs 1000.00 and the AUM is Rs 48.62 crores. The fund charges an expense ratio of 0.2% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 5000.

Since the scheme is benchmarked to Nifty 1D Rate Index, the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The Kotak Nifty 1D Rate Liquid ETF (PIDCW-M) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.

Scripbox provides a unique feature through which you can compare the performance of Kotak Nifty 1D Rate Liquid ETF (PIDCW-M) with another fund in a similar category. This way you can make a well-informed investment decision.