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Mirae Asset Nifty 1D Rate Liquid ETF

Category: ETFs
Launch Date: 27-07-2023
Asset Class:
Benchmark: NIFTY 1D Rate Index
Expense Ratio: 0.27% As on (30-04-2024)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 0.0
Total Assets: 381.51 Cr As on (30-04-2024)
Turn over:
NAV (₹): 1000.0
₹ 0 ( 0.0%)
as on 13-05-2024
CAGR Since Inception - 5.81%
NIFTY 1D Rate Index - %

Fund Managers

Amit Modani


Investment Objective

The scheme seek to provide current income, commensurate with low risk while providing a high level of liquidity through a portfolio of Tri-Party Repo on Government Securities or T-bills / Repo & Reverse Repo. The Scheme endeavors to provide returns that before expenses, closely correspond to the returns of Nifty 1D Rate Index subject to tracking errors.

PERFORMANCE of Mirae Asset Nifty 1D Rate Liquid ETF

Scheme Performance (%) Data as on - 13-05-2024

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
Mirae Asset Nifty 1D Rate Liquid ETF - - - - 5.81
Benchmark - - - - -
ETFs 26.1 12.43 14.79 10.41 14.58

RETURNS CALCULATOR for Mirae Asset Nifty 1D Rate Liquid ETF

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Key Performance and Risk Statistics of Mirae Asset Nifty 1D Rate Liquid ETF

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
Mirae Asset Nifty 1D Rate Liquid ETF 7.03 0.01
ETFs - - - - - -

PEER COMPARISION

Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
Mirae Asset Nifty 1D Rate Liquid ETF 27-07-2023 0.0 0.0 0.0 0.0 0.0
CPSE ETF 05-03-2014 98.48 58.36 48.82 26.62 0.0
Motilal Oswal SP BSE Enhanced Value ETF 22-08-2022 91.4 0.0 0.0 0.0 0.0
ICICI Pru Nifty PSU Bank ETF 15-03-2023 76.45 0.0 0.0 0.0 0.0
Nippon India ETF Nifty PSU Bank BeES 25-10-2007 75.95 72.0 46.9 19.55 0.0
Kotak Nifty Alpha 50 ETF 22-12-2021 72.63 29.17 0.0 0.0 0.0
Bharat 22 ETF 01-11-2017 65.13 49.81 39.87 23.54 0.0
ABSL Nifty 200 Momentum 30 ETF 12-08-2022 65.04 0.0 0.0 0.0 0.0
Motilal Oswal Nifty 200 Momentum 30 ETF 10-02-2022 64.77 37.56 0.0 0.0 0.0
ICICI Pru Nifty 200 Momentum 30 ETF 05-08-2022 64.52 0.0 0.0 0.0 0.0

Asset Allocation (%)

PORTFOLIO ANALYSIS of Mirae Asset Nifty 1D Rate Liquid ETF

Portfolio as on

Top 10 Sectors in portfolio (%)

Top 10 Stocks in portfolio (%)

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