DSP BSE Liquid Rate ETF

The DSP BSE Liquid Rate ETF, managed by DSP Asset Managers, is an open-ended passive scheme aiming to replicate the BSE Liquid Rate Index with low interest and credit risk exposure.

This ETF employs a passive investment strategy, closely tracking the BSE Liquid Rate Index, which allows investors to benefit from a stable income generation with minimal volatility.

With a total AUM of ₹2287 Cr, the fund's asset allocation is entirely in cash and cash equivalents, ensuring high liquidity and low risk concentration.

Over the past year, the fund has delivered a return of 5.6%, showcasing consistent performance in a relatively stable interest rate environment, with a tracking error of just 0.38%.

The expense ratio of 0.3% is competitive for its size, reflecting efficient management while the experienced fund managers, Anil Ghelani and Diipesh Shah, bring a combined 48 years of expertise.