HDFC Nifty 1D Rate Liquid ETF-Growth

The HDFC Nifty 1D Rate Liquid ETF-Growth, managed by HDFC Asset Management Company Limited, is an open-ended passive scheme aimed at replicating the NIFTY 1D Rate Index returns.

This ETF primarily invests in Tri-Party Repos in Government Securities or Treasury Bills, ensuring alignment with its benchmark while maintaining a low tracking error of just 0.03%.

With a fund size of ₹57.5 Cr as of Aug 2025, the scheme demonstrates steady growth, supported by an efficient expense ratio of 0.45%, reflecting its cost-effective management.

Over the past year, the fund has delivered a return of 2.96%, showcasing its ability to provide stable income amidst market fluctuations, although longer-term performance data is unavailable.

Managed by Swapnil Jangam since Aug 2024, this ETF offers liquidity and accessibility for investors seeking to capitalize on short-term government securities investments without significant risk exposure.