The ICICI Prudential BSE Liquid Rate ETF, managed by ICICI Prudential Asset Management Company, is an open-ended fund designed to track the BSE Liquid Rate Index with a passive investment style.

This ETF aims to provide reasonable returns while maintaining low interest and credit rate risks, ensuring high liquidity for investors seeking stability in their portfolios.

The fund's total assets under management as of Sep 30, 2025, stand at ₹769.2 Cr, with a monthly average of ₹804.9 Cr, reflecting a robust growth trajectory in the liquid fund space.

With an expense ratio of 0.25%, the fund maintains cost efficiency, allowing investors to benefit from low operational costs while pursuing their investment objectives.

Managed by experienced professionals Darshil Dedhia and Nikhil Kabra, both starting in Mar 2025, the fund is positioned to leverage their combined 23 years of expertise in asset management.