ICICI Prudential BSE Liquid Rate ETF

The ICICI Prudential BSE Liquid Rate ETF, managed by ICICI Prudential Asset Management Company, aims to deliver reasonable returns with low risk and high liquidity as a passive investment vehicle.

This ETF replicates the BSE Liquid Rate Index, employing a strategy focused on maintaining a high level of liquidity through its exclusive allocation to TREPS and net current assets.

With an AUM of ₹1682.1 Cr and an average monthly AUM of ₹1941.7 Cr, the fund demonstrates robust size and stability, complemented by a low expense ratio of 0.31%.

Performance metrics reveal a tracking error of just 0.35%, indicating efficient management, while the fund has maintained a steady return profile over the past year with no significant changes.

Managed by experienced professionals, Darshil Dedhia and Nikhil Kabra, this open-ended fund is accessible via NSE and BSE, ensuring liquidity and ease of trading for investors.