The Kotak Nifty 1D Rate Liquid ETF, managed by Kotak Mahindra Asset Management Company, is an open-ended passive scheme targeting returns closely aligned with the NIFTY 1D Rate Index.

This ETF employs a strategy focused on Triparty repos in Government securities or treasury bills, ensuring minimal tracking difference with a reported tracking error of only 0.01%.

The fund's asset allocation is predominantly in Triparty Repo at 99.49%, with a negligible portion in net current assets, indicating a highly specialized investment focus.

Over the past year, the ETF has delivered a change of 1.1%, reflecting its stability in a low-risk environment. Its expense ratio stands at a competitive 0.19%.

With an AUM of ₹1386.81 Cr as of Aug 2025 and managed by experienced professionals, this ETF provides investors with a liquid solution for short-term government security exposure.