Kotak Nifty 1D Rate Liquid ETF

Q: What are the returns of Kotak Nifty 1D Rate Liquid ETF?

The Kotak Nifty 1D Rate Liquid ETF is a 2 yrs 5 m old fund and has delivered average annual returns of 6.31% since inception. Kotak Nifty 1D Rate Liquid ETF Returns 1-Year Since Inception 6.25% 6.31%

NAV as of Jun 17, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹1055.1914+0.01% 1 day change	6.31% p.a.	#NA View Ranked Funds	₹1,326 Cr

Historical NAV & returns

NAV: ₹1055.1914 as on Jun 17, 2025

This fund Category average

Kotak Nifty 1D Rate Liquid ETF overview

Expense ratio	0.19% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹1,326 Cr
Lock-in Period	Nil
Age	2 yrs 5 m since Jan 18, 2023
Benchmark	NIFTY 1D Rate Index
Min. investment	This scheme is currently not buyable
Risk	Low
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Kotak Nifty 1D Rate Liquid ETF Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak Nifty 1D Rate Liquid ETF	N.A.	1,326 Cr	2 yrs 5 m	0.19%
Mirae Asset Overnight Fund	N.A.	1,010 Cr	5 yrs 8 m	0.07%
HSBC Overnight Fund	N.A.	2,602 Cr	6 yrs 1 m	0.06%
PGIM India Overnight Fund	N.A.	40 Cr	5 yrs 10 m	0.14%
Bank of India Overnight Fund	N.A.	72 Cr	5 yrs 5 m	0.09%
Edelweiss Overnight Fund	N.A.	191 Cr	5 yrs 11 m	0.11%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Nifty 1D Rate Liquid ETF	0.44%	2.97%	6.25%	N.A.	N.A.	N.A.
Mirae Asset Overnight Fund	0.45%	3.07%	6.44%	6.45%	5.19%	2.86%
HSBC Overnight Fund	0.45%	3.08%	6.44%	6.44%	5.18%	3.06%
PGIM India Overnight Fund	0.45%	3.07%	6.43%	6.42%	5.17%	2.92%
Bank of India Overnight Fund	0.46%	3.12%	6.53%	6.52%	5.25%	2.75%
Edelweiss Overnight Fund	0.45%	3.04%	6.37%	6.37%	5.12%	2.95%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak Nifty 1D Rate Liquid ETF	N.A.	N.A.	N.A.	N.A.
Mirae Asset Overnight Fund	0.17	0.24	-0.21	-0.22
HSBC Overnight Fund	0.17	0.24	-0.3	-0.34
PGIM India Overnight Fund	0.16	0.24	-0.4	-0.41
Bank of India Overnight Fund	0.17	0.24	0.14	0.14
Edelweiss Overnight Fund	0.17	0.24	-0.66	-0.7

View all Overnight funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Kotak Nifty 1D Rate Liquid ETF in detail with

About this fund

About Kotak Nifty 1D Rate Liquid ETF

Kotak Nifty 1D Rate Liquid ETF is a Overnight mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 2 yrs 5 m, having been launched on 18/01/2023. Kotak Nifty 1D Rate Liquid ETF has ₹1,326 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Kotak Nifty 1D Rate Liquid ETF as of 17/06/2025 is ₹1055.19. The fund has an expense ratio of 0.19%, which is higher than what most other Overnight funds charge.

Kotak Nifty 1D Rate Liquid ETF returns of last 1-year are 6.26%. Since launch, it has delivered 6.40% average annual returns.

...

Fund AUM	1,326 Cr as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Abhishek Bisen

Mr. Bisen is a BA and MBA in Finance. Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.

Satish Dondapati

Mr. Dondapati has done MBA Finance Prior to joining Kotak Mutual fund he has worked with Centurian Bank Of Punjab, Bajaj Capital Ltd.

Investment objective

The scheme seeks to invest in Triparty repo on Government securities or treasury bills (TREPS). The Scheme aims to provide investment returns that, before expenses, closely correspond to the returns of the NIFTY 1D Rate Index, subject to tracking difference.

Kotak Mahindra Mutual Fund details

No. of schemes	76 view all schemes
Total AUM	4,87,121 Cr as on Mar 31, 2025
Address	The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai, 400051
Phone	022-61152100 / 1800-22-2626

More funds from Kotak Mahindra Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Kotak Nifty SDL Apr 2032 Top 12 Equal Weight Index Fund	N.A.	3,072 Cr	11.24%	9.54%
Kotak Medium Term Fund	N.A.	1,912 Cr	10.74%	8.98%
Kotak Bond Fund	N.A.	2,131 Cr	9.61%	8.94%
Kotak Dynamic Bond Fund	N.A.	2,883 Cr	9.33%	8.89%
Kotak Gilt Investment Fund	N.A.	3,868 Cr	8.04%	8.78%
Kotak Floating Rate Fund	N.A.	3,312 Cr	9.85%	8.37%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Kotak Nifty 1D Rate Liquid ETF?

The current Net Asset Value (NAV) of the Kotak Nifty 1D Rate Liquid ETF - Direct Growth plan is approximately ₹1055.1914 as of Jun 17, 2025.

What are the returns of this mutual fund scheme?

The Kotak Nifty 1D Rate Liquid ETF is a 2 yrs 5 m old fund and has delivered average annual returns of 6.31% since inception.

Kotak Nifty 1D Rate Liquid ETF Returns

1-Year	Since Inception
6.25%	6.31%

How much does this mutual fund charge as expense ratio?

The Kotak Nifty 1D Rate Liquid ETF - Direct Growth has an expense ratio of 0.19%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Kotak Nifty 1D Rate Liquid ETF currently has assets under management (AUM) or fund size valued at approximately 1,326 Cr as of Mar 31, 2025.

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Kotak Nifty 1D Rate Liquid ETF allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash & Call Money	100.0%

What is risk level of Kotak Nifty 1D Rate Liquid ETF?

This is a Overnight fund comes with Low risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Kotak Nifty 1D Rate Liquid ETF?

Kotak Nifty 1D Rate Liquid ETF is the regular plan of the fund. For this plan of you pay 0.19% as annual charges. On the other hand if you go for the direct plan available on ET Money, you pay %. That's 0.19% less.

Regular plans charge more because when you buy them, the fund pays commission to the agent. This is an additional expense for the fund and to cover this expense, the fund takes a bigger share from the returns generated by your investments.

So, the lower annual cost of the direct plan means you will earn 0.19% if you opt for direct plan of Kotak Nifty 1D Rate Liquid ETF

How can I redeem my investments in Kotak Nifty 1D Rate Liquid ETF?

Redeeming your investments in Kotak Nifty 1D Rate Liquid ETF is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Kotak Nifty 1D Rate Liquid ETF from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Overnight

#NA

Age: This is the oldest Overnight fund.
Expense Ratio: This fund has the lowest expense ratio amongst actively/passively managed Overnight funds.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.