Primarily market-linked growth exposure
The investment objective of the Scheme is to 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 will provide returns before expenses, that track the total returns of Nifty 1D Rate Index, subject to tracking errors. However, there is no guarantee or assurance that the investment objective of the Scheme would be achieved.
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
"Tri-Party Repo on Government Securities or Tbills/Repo & Reverse Repo - 95 - 100% Cash & Cash Equivalents and Money Market instruments (having residual maturity not exceeding 91 days) - 0-5%"
- SEBI category
- Other schemes - Exchange Traded Fund
- Fund type
- An open-ended scheme replicating/tracking Nifty 1D Rate Index. A relatively low interest rate risk and relatively low credit risk.
- Primary benchmark
- Nifty 1D Rate Index
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Mehul Dama; FM2 - Mr. Kewal Shah
- Manager tenure on this scheme
- Since Mr. Mehul Dama (Since Inception); Mr. Kewal Shah (Since inception)
- Role / co-management
- Mr. Mehul Dama; FM2 - Mr. Kewal Shah — Primary; FM2 - Comanage
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| ANGEL ONE NIFTY 1D RATE LIQUID ETF - GROWTH - Direct Plan - Growth | ₹1,075.6751 | 06 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- 1 % p.a.
- Exit load
- Nil
- Minimum application
- "The facility of creating units in Creation Unit Size is available to the Authorised Participants/ Market Makers (whose names will be available on our website www.angelonemf.com) and Large Investors. However, in case of Large Investors, the execution value shall be greater than Rs. 25 crores or such other amount as may be specified by SEBI from time to time (except for schemes managed by Employee Provident Fund Organisation (EPFO), India and Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961, till August 31, 2025 or as specified in the Regulations from time to time). The limit of Rs. 25 crores shall not be applicable to Market Makers. Minimum number of Units (Creation Units) – 500 units & in multiples of 1 unit thereafter." · multiples of Rs. 1000/-
- SIP frequency
- Not Applicable
- Minimum SIP amount
- Not Applicable
- Minimum instalments
- Not Applicable
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.