Primarily market-linked growth exposure
The investment objective of the Scheme is to invest in TREPS. The Scheme aims to provide returns before expenses that closely correspond to the returns of BSE Liquid Rate Index, subject to tracking errors. However, there can be no assurance or guarantee 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
• TREPS = 95%-100% • Units of Liquid schemes, Money Market Instruments (with maturity not exceeding 91 days), cash & cash equivalents = 0%-5%
- SEBI category
- Others - Index Funds/ETFs
- Fund type
- Open Ended
- Primary benchmark
- BSE Liquid Rate Index
- Secondary benchmark
- 1 Year T Bill
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)
- Nikhil Kabra · Darshil Dedhia
- Manager tenure on this scheme
- Nikhil Kabra — since 1 January 2021 · Darshil Dedhia — since 13 September 2024
- Role / co-management
- Nikhil Kabra — Comanage · Darshil Dedhia — 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 |
|---|---|---|
| ICICI Prudential BSE Liquid Rate ETF - IDCW - Regular Plan - IDCW | ₹1,000.0000 | 06 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Actual expenses for the month ended December 31, 2024: Regular Plan: 0.25% Direct Plan : NA
- Exit load
- Nil
- Minimum application
- During Ongoing/Continuous Offer: On Stock Exchanges: Investors can buy/sell units of the Scheme in round lot of 1 unit and in multiples thereof. Directly with the Mutual Fund: Investors can buy or sell units of the scheme in creation unit size and its multiples. Further, any application by investors, other than Market Makers, must be for an amount exceeding INR 25 crores. However, the aforementioned threshold of INR 25 crores shall not apply to investors falling under the following categories (until such time as may be specified by SEBI/AMFI): a. Schemes managed by Employee Provident Fund Organisation, India; b. Recognised Provident Funds, approved Gratuity funds and approved superannuation funds under Income Tax Act, 1961. All direct transactions in units of the Scheme by eligible investors with the AMC/the Fund shall be at intra-day NAV based on the actual execution price of the underlying portfolio. · multiples of 1
- SIP frequency
- Refer to the current official scheme document.
- Minimum SIP amount
- Refer to the current official scheme document.
- Minimum instalments
- Refer to the current official scheme document.
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.