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

Employing a tracking approach with minimal tracking error of 0.01%, the ETF seeks to closely follow the benchmark while generating returns before expenses, though no returns are guaranteed.

The fund's entire allocation of 100% is directed towards cash and current assets, implying a highly liquid and conservative investment strategy with no concentration risk in equities or other asset classes.

Performance metrics indicate a stable fund with a size of ₹45.4 Cr, and an expense ratio of 0.43% reflects efficient cost management relative to its open-ended structure.

Managed by Mr. Sanjay Pawar and Ms. Sunaina da Cunha since March 2023, the fund's operational details suggest a focus on liquidity and accessibility for investors.