Primarily market-linked growth exposure
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. There is no assurance or guarantee that the investment objective of the scheme would be achieved.
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
Triparty repo on Government securities or treasury bills (TREPS) - 95% to 100% - Low (Risk Profile) Repo/ Reverse Repo in Government Securities and any other similar overnight instruments ,Units of Liquid & Overnight schemes, Money Market Instruments* (with maturity not exceeding 91 days) &, cash & cash equivalents - 0% to 5% - Low (Risk Profile)
- SEBI category
- Index Funds/ ETFs
- Fund type
- An open-ended Exchange Traded Fund replicating/tracking NIFTY 1D Rate Index.A Relatively Low Interest Rate Risk and Relatively Low Credit Risk.(NSE Symbol-LIQUID1)
- Primary benchmark
- NIFTY 1D Rate Index
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- FM 1 Mr. Satish Dondapati FM 2 Mr. Abhishek Bisen FM 3 Mr. Jeetu Valechha Sonar
- Manager tenure on this scheme
- Since 24/01/2023 · Since 24/01/2023 FM 3 - 09/03/2026
- Role / co-management
- FM 1 PrimaryFM 2 PrimaryFM 3 Primary
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Kotak Nifty 1D Rate Liquid ETF | ₹1,121.4361 | 06 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 0.19%, Direct 0.00%
- Exit load
- NIL
- Minimum application
- Ongoing purchases / redemptions directly from the Mutual Fund would be restricted to Market Makers and Large Investors (subject to transactions greater than INR 25 crores or such other amount as may be specified by SEBI from time to time) provided the value of units to be purchased / redeemed is in creation unit size or multiples thereof. The aforesaid limit of Rs.25 crores or such other amount as may be specified by SEBI from time to time is not applicable for Market Makers. Market Makers / Large Investors may Purchase / Redemption of Units of the Scheme in ‘Creation Unit’ size or in multiples thereof directly from the Mutual Fund, as defined by the Scheme for that respective Business Day. The units are listed on NSE to provide liquidity through secondary market. All categories of Investors may purchase the units through secondary market on any trading day. The AMC shall appoint at least two Market Makers, who are members of the Stock Exchanges, for ETFs to provide continuous liquidity on the stock exchange platform by providing two-way quotes in the units of the Scheme during trading hours. The AMC reserves the right to list the units of the scheme on any other exchange, in future. Unit holdings in less than the Creation Unit size can normally only be sold through the secondary market, except in situations mentioned under ‘Exit opportunity in case of ETF for investors other than Market Makers and Large Investors’ in the SID. Any Transaction placed for redemption or subscription directly with the AMC must be greater than INR 25 crores or such other amount as may be specified by SEBI from time to time. · multiples of Not Applicable
- SIP frequency
- Not Applicable
- Minimum SIP amount
- Not Applicable
- Minimum instalments
- Not Applicable
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.