The Bajaj Finserv Nifty 1D Rate Liquid ETF, managed by Bajaj Finserv Asset Management Limited, aims to provide current income with low risk through a passive investment strategy focused on liquidity.

Tracking the Nifty 1D Rate Index, the fund invests primarily in Tri-Party Repo on Government Securities, T-bills, and Reverse Repo, ensuring returns closely align with the benchmark.

With an AUM of ₹871.8 Cr, the ETF's portfolio is heavily concentrated in Reverse Repo/TREPS at 96.06%, posing potential concentration risk against its limited Treasury Bill and Commercial Paper holdings.

Over the past year, the fund has delivered a return of 5.0%, showcasing its ability to provide consistent income, although tracking error data is not available for comprehensive analysis.

The fund has a low expense ratio of 0.19%, enhancing its attractiveness for investors seeking liquidity, while Mr. Siddharth Chaudhary brings 18 years of experience to its management since May 2024.