The Bajaj Finserv Nifty 1D Rate Liquid ETF, managed by Bajaj Finserv Asset Management Limited, is an open-ended passive scheme aimed at providing low-risk current income and high liquidity.

This ETF seeks to closely track the Nifty 1D Rate Index, employing a strategy focused on Tri-Party Repo on Government Securities and T-bills, ensuring minimal tracking error.

The portfolio is heavily concentrated in Reverse Repo/TREPS, comprising 96.06%, with Commercial Papers and Treasury Bills making up smaller allocations, indicating a low-risk profile but potential concentration risk.

Over the past year, the fund has delivered a return of +5.7%, showcasing its ability to provide consistent income, although long-term performance data is currently unavailable.

With an AUM of ₹871.8 Cr and a low expense ratio of 0.19%, the fund remains accessible and cost-efficient, managed by Mr. Siddharth Chaudhary, who brings 18 years of experience.