Aditya Birla Sun Life Crisil Liquid Overnight ETF

The Aditya Birla Sun Life Crisil Liquid Overnight ETF, managed by Aditya Birla Sun Life Asset Management Company Limited, aims to mirror the total returns of the CRISIL Liquid Overnight Index.

This open-ended scheme employs a tracking strategy to align closely with its benchmark, focusing exclusively on cash and current assets for liquidity and stability.

With a fund size of ₹45.4 Cr, the ETF has a low expense ratio of 0.43%, enhancing net returns while maintaining cost efficiency for investors.

Performance over the past year reflects a slight decline of -0.1%, indicating a need for cautious assessment in volatile market conditions, despite a minimal tracking error of 0.01%.

Managed by Mr. Sanjay Pawar and Ms. Sunaina da Cunha since March 2023, the fund is accessible through major exchanges, offering liquidity without exit loads for investors.