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zerodha nifty 1d rate liquid etf
Zerodha Mutual Fund

Zerodha Nifty 1D Rate Liquid ETF-Growth

Debt: Overnight - Growth (Open ended)
Zerodha Nifty 1D Rate Liquid ETF-GrowthNAV: 115.02 as on 16 Jul, 2026
Risk levelCategoryBenchmark
Copyright © 2026 sharpely. All rights reserved.
Factsheet
SEBI Riskometer: LowCategory: Debt: OvernightBenchmark: NIFTY 1D Rate Index
₹115.02+0.01%
16 Jul 2026

Price & Volume

Note: Live price is not available for this ETF. Showing closing price. For historical calculations, prices are adjusted for splits. Percentage change shown is absolute irrespective of the period.
1 Week returns: 0.09 %
Category rank: 36/39
1 Month returns: 0.41 %
Category rank: 37/38
1 Year CAGR: 5.04 %
Category rank: 38/38
3 Years CAGR: -
Category rank: -
5 Years CAGR: -
Category rank: -
52 week high/low
₹98.35
₹108.70
AUM
9737.29
Expense Ratio
0.28
Inception
1706054.00
Credit Risk
Low
IR Risk
Low
YTM
6.31
Duration
-
Maturity
0.01
21D Volatility
239.47
Tracking Error
0.01
Tracking Diff 1Y
-0.29
Tracking Diff 3Y
-

Key Talking Points

Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.
Positive
Relatively low expense ratio

Expense ratio of the ETF (0.28%) is lower than average expense ratio of other Index funds/ETFs (0.34%) tracking NIFTY 1D Rate Index

This measures the relative expense of the index fund/ETF with respect to average expense ratio all index funds/ETFs tracking the same benchmark. Investors should always prefer schemes with lower expense, everything else remaining the same

What is Expense ratio?

Low tracking error

Tracking error of the ETF (0.01%) is low

This is a measure of how well an Index fund/ETF has been able to replicate the performance of the benchmark its tracking. As a passive investor, lower tracking error is always better

What is Tracking Error?

Low tracking difference

Tracking difference of the ETF (0.29%) is low

This measures the difference in returns (last 1 year) between the Index fund/ETF and its respective benchmark. Lower absolute tracking difference is better

What is Tracking Difference (1Y)?

Relatively in line tracking difference

Tracking difference of the ETF is lower than average tracking difference of other Index funds/ETFs (0.41%) tracking NIFTY 1D Rate Index

This measures the relative tracking difference of the Index fund/ETF with respect to average tracking difference all index funds/ETFs tracking the same benchmark.

What is Tracking Difference (1Y)?

ETF's average daily traded value is high

This ETF's average 21-day turnover is relatively high at Rs 239.0 cr.

This is measured as average daily traded value (over last 21 trading days) on NSE and BSE combined (as applicable). Lower volume could imply low liquidity which could increase the transaction cost when buying/selling the ETF

What is Turnover (1M)?

Negative
Not enough talking points with negative stance
Neutral
Not enough performance data

Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis

Relatively low tracking error

Tracking error of the ETF is lower than average tracking error of other Index funds/ETFs (0.04%) tracking NIFTY 1D Rate Index

This measures the relative tracking error of the Index fund/ETF with respect to average tracking error all index funds/ETFs tracking the same benchmark.

What is Tracking Error?

Scheme Overview

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

Scheme Category Overview →

Plan Variants

No variants available.

Fund Managers

Kedarnath Mirajkar
Since: 18 Jan 2025
View details
Education
Mr. Mirajkar has done PGDBM (Finance)
Past Experience
Prior to joining Zerodha Mutual Fund, he has worked with ABSL AMC, HDFC Bank as a Deupty Manager, Bombay Dyeing as a Finance Executive. He has over 10 years of experience in the Mutual Fund Industry.
Funds managed (21)
1.Zerodha Nifty Large Midcap 250 Index Fund20 Oct 2023 – Present
2.Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund20 Oct 2023 – Present
3.Zerodha Nifty 1D Rate Liquid ETF18 Jan 2025 – Present
4.Zerodha Gold ETF4 Sep 2024 – Present
5.Zerodha Nifty 100 ETF27 May 2024 – Present
6.Zerodha Nifty Midcap 150 ETF27 May 2024 – Present
7.Zerodha Gold ETF FoF25 Oct 2024 – Present
8.Zerodha Silver ETF10 Mar 2025 – Present
9.Zerodha Overnight Fund19 Mar 2025 – Present
10.Zerodha Silver ETF FoF23 Jun 2025 – Present
11.Zerodha Multi Asset Passive FoF25 Jul 2025 – Present
12.Zerodha Nifty 8-13 Yr G-Sec ETF8 Aug 2025 – Present
13.Zerodha Nifty Smallcap 100 ETF25 Aug 2025 – Present
14.Zerodha Nifty 50 Index Fund26 Sep 2025 – Present
15.Zerodha Nifty 50 ETF26 Sep 2025 – Present
16.Zerodha BSE SENSEX Index Fund20 Oct 2025 – Present
17.Zerodha Nifty Short Duration G-Sec Index Fund26 Dec 2025 – Present
18.Zerodha Nifty MidSmallcap400 50:50 Index Fund23 Mar 2026 – Present
19.Zerodha Nifty LargeMidcap250 Plus 8-13 Yr G-Sec 70:30 Index Fund1 Apr 2026 – Present
20.Zerodha Life Cycle Fund 203619 Jun 2026 – Present
21.Zerodha Life Cycle Fund 204119 Jun 2026 – Present

Key Scheme Details

Inception
23 Jan 2024
Expense Ratio
0.28%
AUM
₹9,737.29 Cr
Lock in
No lock in
Taxation
Debt
Min. Investment
₹500
Min. Addl Investment
-
Min. SIP Investment
-
Exit load
-

AMC Overview

Zerodha Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.

AUM Analysis

AUM distribution as on date:
Jun 30, 2026
Total AUM: ₹ 15,835 Cr
Debt
₹ 9,926 Cr
Commodities
₹ 3,308 Cr
Equity
₹ 2,411 Cr
Hybrid
₹ 190 Cr
Nov 30, 2023Dec 31, 2023Jan 31, 2024Feb 29, 2024Mar 31, 2024Apr 30, 2024May 31, 2024Jun 30, 2024Aug 31, 2024Sep 30, 2024Oct 31, 2024Nov 30, 2024Dec 31, 2024Jan 31, 2025Feb 28, 2025Mar 31, 2025Apr 30, 2025May 31, 2025Jun 30, 2025Jul 31, 2025Aug 31, 2025Sep 30, 2025Oct 31, 2025Nov 30, 2025Dec 31, 2025Jan 31, 2026Feb 28, 2026Mar 31, 2026Apr 30, 2026May 31, 2026Jun 30, 2026
equity140 Cr206 Cr267 Cr307 Cr352 Cr415 Cr469 Cr594 Cr737 Cr807 Cr843 Cr916 Cr967 Cr1,014 Cr983 Cr1,113 Cr1,201 Cr1,295 Cr1,398 Cr1,413 Cr1,454 Cr1,539 Cr1,669 Cr1,772 Cr1,854 Cr1,907 Cr2,016 Cr1,974 Cr2,288 Cr2,356 Cr2,411 Cr
hybrid--------------------30 Cr52 Cr71 Cr86 Cr105 Cr125 Cr140 Cr140 Cr174 Cr191 Cr190 Cr
debt--102 Cr250 Cr670 Cr843 Cr1,254 Cr1,438 Cr2,008 Cr2,259 Cr2,735 Cr3,250 Cr3,015 Cr3,458 Cr3,896 Cr3,981 Cr4,801 Cr4,651 Cr4,899 Cr5,132 Cr5,451 Cr5,528 Cr5,911 Cr6,738 Cr7,766 Cr8,363 Cr8,936 Cr8,670 Cr9,438 Cr9,936 Cr9,926 Cr
commodities---35 Cr42 Cr52 Cr55 Cr60 Cr73 Cr83 Cr100 Cr142 Cr154 Cr187 Cr195 Cr244 Cr306 Cr320 Cr361 Cr442 Cr528 Cr864 Cr1,219 Cr1,393 Cr1,952 Cr3,850 Cr3,628 Cr3,318 Cr3,416 Cr3,575 Cr3,308 Cr
Total140 Cr206 Cr369 Cr592 Cr1,064 Cr1,310 Cr1,778 Cr2,092 Cr2,818 Cr3,149 Cr3,678 Cr4,308 Cr4,136 Cr4,660 Cr5,074 Cr5,339 Cr6,307 Cr6,266 Cr6,657 Cr6,987 Cr7,464 Cr7,982 Cr8,870 Cr9,989 Cr11,677 Cr14,246 Cr14,719 Cr14,101 Cr15,316 Cr16,058 Cr15,835 Cr

AMC Details

AMC
Zerodha Mutual Fund
CEO
Vishal Jain(Chief Executive Officer)
IRO
Vaibhav Jalan
Trustee
Zerodha Trustee Private Limited
Address
153/154, 4th Cross, J.P Nagar 4th Phase,, Opp. Clarence Public School,, Bengaluru

Frequently Asked Questions

What is the current price of Zerodha Nifty 1D Rate Liquid ETF-Growth?
The current price of Zerodha Nifty 1D Rate Liquid ETF-Growth is ₹115.02 as of 16 Jul 2026. The price of an ETF reflects its live trading value on the exchange and moves throughout the day based on demand and the underlying index.
What is the AUM of Zerodha Nifty 1D Rate Liquid ETF-Growth?
The AUM (Assets Under Management) of Zerodha Nifty 1D Rate Liquid ETF-Growth is ₹9,737.29 crore. AUM represents the total market value of assets the fund currently manages on behalf of its investors.
What is the expense ratio of Zerodha Nifty 1D Rate Liquid ETF-Growth?
The expense ratio of Zerodha Nifty 1D Rate Liquid ETF-Growth is 0.28% per annum. This is the annual fee charged by the ETF to manage your investment. A lower expense ratio means more of your returns stay with you — ETFs typically carry very low expense ratios since they passively track an index.
Who is the fund manager of Zerodha Nifty 1D Rate Liquid ETF-Growth?
Zerodha Nifty 1D Rate Liquid ETF-Growth is managed by Kedarnath Mirajkar. You can check the full list of fund managers in the "Fund Manager" section above.
What is the benchmark of Zerodha Nifty 1D Rate Liquid ETF-Growth?
The benchmark of Zerodha Nifty 1D Rate Liquid ETF-Growth is NIFTY 1D Rate Index. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.
When was Zerodha Nifty 1D Rate Liquid ETF-Growth launched?
Zerodha Nifty 1D Rate Liquid ETF-Growth was launched on 23 Jan 2024. The fund has been in existence for 2 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.
What is the minimum investment in Zerodha Nifty 1D Rate Liquid ETF-Growth?
Zerodha Nifty 1D Rate Liquid ETF-Growth is an ETF, so there is no minimum lumpsum or SIP amount set by the fund house — you can invest by buying as little as a single unit on the exchange at the current market price of ₹115.02. Some brokers also offer ETF SIPs, letting you invest a fixed amount regularly without needing a large upfront amount.
What category does Zerodha Nifty 1D Rate Liquid ETF-Growth belong to?
Zerodha Nifty 1D Rate Liquid ETF-Growth belongs to the Debt: Overnight category. You can explore other ETFs in this category using the ETF Screener.