The Kotak Nifty 1D Rate Liquid ETF, managed by Kotak Mahindra Asset Management Company Limited, is an open-ended scheme designed to closely track the NIFTY 1D Rate Index returns.

This passive investment strategy primarily invests in Triparty repo on Government securities or treasury bills, ensuring minimal tracking difference with a current tracking error of 0.01%.

With a fund size of ₹1386.8 Cr as of Aug 2025, the ETF maintains a high allocation of 99.49% in Triparty Repo, reflecting a strong focus on liquidity and safety.

Performance over the last year shows a change of +30.3%, indicating robust returns, though longer-term CAGR data is not available to assess performance consistency.

The expense ratio stands at a competitive 0.19%, making it an efficient choice for investors seeking low-cost exposure to the NIFTY 1D Rate Index.