Low risk
Investments in short-term and high-quality securities mitigate interest rate and credit risk.
Read MoreBAJAJ ASSET MANAGEMENT LIMITED.
BAJAJ ASSET MANAGEMENT LIMITED.
Low volatility
Low cost
The investment objective of 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 amd reverse repo. The scheme will provide returns that before expenses, closely correspond to the returns of Nifty 1D Rate index, subject to tracking error.
However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Low risk
Investments in short-term and high-quality securities mitigate interest rate and credit risk.
Read MoreReturn potential
Offers the potential for slightly better returns than savings accounts.
Read MoreHigh liquidity
Traded on stock exchanges, ETFs provide easy buying and selling, ensuring quick and efficient transactions.
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Siddharth Chaudhary joined the Company in July 2022 as a Senior Fund Manager – Fixed Income. Prior to this, he was associated with Sundaram Asset Management Co. Ltd from April 2019 - July 2022 as Head Fixed Income – Institutional Business. From April 2017 – March 2019, he served as a Head – Fixed Income, and from August 2010 – March 2017 as a Fund Manager – Fixed Income with Sundaram Asset Management Co. Ltd. During June 2006 – September 2010, he was working as Senior Manager, Treasury Dept in Indian Bank.
Tri-Party Repos in Government Securities or Treasury Bills (TREPS): 95% – 100%. Risk Profile – Low
Units of Overnight/ Liquid schemes#, Money Market Instruments (with maturity not exceeding 91 days)*, cash & cash equivalent: 0% – 5%. Risk Profile – Low to Moderate
*Money market instruments will include Government securities, Treasury Bills, Cash Management Bills, CBLO, Repo, Reverse Repo, TREPS, Certificate of Deposits (CDs), Commercial Paper (CPs) and any other securities/instruments as may be permitted by SEBI and RBI from time to time. The Scheme shall make investments in/purchase money market securities with maturity of up to 91 days only.
Investment in repo in corporate debt securities upto 5% of the net asset with maturity of upto 91 days.
#The scheme may invest upto 5% of the net asset in Liquid & Overnight Fund of Bajaj Finserv Mutual Fund and other Mutual Fund without charging any fees, in accordance with the applicable extant SEBI (Mutual Funds) Regulations, 1996 as amended from time to time.
For more details, kindly refer Scheme Information Document.
Bajaj Finserv Nifty 1D Rate Liquid ETF – Growth – An open ended Exchange Traded Fund tracking Nifty 1D Rate Index with Relatively Low Interest Rate Risk and Relatively Low Credit Risk
On an On-going Basis:
On Exchange: Investors can buy/sell units of the scheme in round lot of 1 unit and in multiples thereof.
Directly with the Mutual Fund: Any order placed for redemption or subscription directly with the AMC must be of greater than Rs. 25 Cr. However, the aforementioned threshold of INR 25 crore shall not apply to investors falling under the following categories (until such time as may be specified by SEBI/AMFI):
• Schemes managed by Employee Provident Fund Organisation, India;
• Recognised Provident Funds, approved Gratuity funds and approved superannuation funds under Income Tax Act, 1961.
| Tenors | Current value of ₹10,000 Invested | CAGR | ||||
|---|---|---|---|---|---|---|
| Since Inception 28 May '24 |
1Y | 3Y | Since Inception 28 May '24 |
1Y | 3Y | |
| Bajaj Finserv Nifty 1D Rate Liquid ETF - Growth | ₹10,838 | ₹10,495 | — | 4.09% | — | — |
| Nifty 1D Rate Index | ₹11,223 | ₹10,533 | — | 5.91% | — | — |
| CRISIL 1 Year T-Bill Index | ₹11,238 | ₹10,398 | — | 5.98% | — | — |
Disclaimer: Past performance may or may not be sustained in future. Inception Date: May 28, 2024 Period for which scheme’s performance has been provided is computed basis last day of the previous month preceding the date of this material (January 31, 2026). Returns less than 1-year period are simple annualized and greater than 1 year are compounded annualized.
not applicable
to view Total Expense Ratio
Nifty 1D Rate Index
The broad principles on which the AMC would determine the compensation would include the trading volume, generating liquidity in the market, bid-ask spread in units of ETFs, expense ratio of the ETFs and such other information as may be required to formalize performance based incentive structure.
Maximum Total expenses ratio (TER) permissible under Regulation 52 (6) (c) – Up to 1.00 and additional expenses for gross new inflows from specified cities – Up to 0.30
| Interest rate Risk |
Credit Risk | ||
|---|---|---|---|
| Relatively Low (Class A) |
Moderate (Class B) |
Relatively High (Class C) |
|
| Relatively Low (Class I) |
A-I | ||
| Moderate (Class II) |
|||
| Relatively High (Class III) |
|||
A scheme with relatively low interest rate risk and relatively low credit risk.
The PRC matrix identifies the highest amount of potential risk that a debt mutual fund can assume.
This regulation was implemented by SEBI on December 1, 2021, requiring fund houses to categorize schemes under a potential risk class (PRC) matrix.
The Bajaj Finserv Nifty 1D Rate Liquid ETF is an exchange-traded fund that invests mainly in very short-term debt and money market instruments. These may include tri-party repos in government securities or treasury bills, units of overnight and liquid schemes, money market instruments with maturity of up to 91 days, and cash or cash equivalents. The fund aims to mirror the performance of the Nifty 1D Rate Index, subject to tracking error.
As an ETF, it requires a demat account for investment, and its units can be bought and sold on the stock exchange during market hours, similar to shares. It is suited for investors looking to manage short-term surplus funds while maintaining liquidity.
An ETF, or Exchange-Traded Fund, is a mutual fund that trades on the stock exchange like a share. Most ETFs are designed to follow an index. So, instead of a fund manager actively picking investments, the ETF tries to match the performance of its benchmark index.
The Bajaj Finserv Nifty 1D Rate Liquid ETF tracks the Nifty 1D Rate Index. This index reflects overnight returns from the money market. In simple terms, the ETF invests in very short-term debt and money market instruments and aims to move in line with this index.
Since it is traded on the exchange, you can buy or sell its units during market hours through a demat and trading account. This allows investors to access a liquid, short-term debt-oriented ETF through the stock market.
Here are the key benefits of this ETF that can help you decide if it suits your short-term investment and liquidity needs:
Returns on fixed deposits/savings accounts are fixed, however, returns on mutual funds are subject to market risks.
If you’re looking for a simple way to manage short-term money while keeping it accessible, this ETF may be suitable for:
Those looking to park idle money for a short period without leaving it in a regular savings account.
Those who want the flexibility to buy or sell ETF units on the stock exchange during market hours.
Those looking for exposure to very short-term debt and money market instruments.
Those who want to diversify their portfolio by adding a debt-oriented ETF.
Those who prefer investing in products that can be traded easily through the stock exchange.
Investing in the Bajaj Finserv Nifty 1D Rate Liquid ETF is simple if you have a demat and trading account. Here’s how you can get started:
Subscriptions and redemptions made directly with the Asset Management Company (AMC) are generally accepted only for transactions above ₹25 crore, subject to applicable regulatory guidelines and specified exceptions.
Bajaj Finserv Nifty 1D Rate Liquid ETF is a debt Exchange-Traded Fund (ETF) that aims to track the Nifty 1D Rate Index. It invests in overnight and very short-term debt and money market instruments such as TREPS, treasury bills, and cash equivalents. The ETF is designed for investors looking to park surplus funds for short durations while maintaining liquidity. It is traded on the stock exchange, so a demat and trading account is required to invest.
The ETF invests primarily in highly liquid, short-term debt instruments. These include Tri-Party Repos (TREPS), treasury bills, money market instruments with maturity up to 91 days, units of overnight and liquid mutual fund schemes, and cash equivalents. The portfolio is managed with the objective of closely tracking the Nifty 1D Rate Index, subject to tracking error.
This ETF may be suitable for investors looking to park surplus funds for short periods without locking in their money. It can also suit investors seeking a liquid investment option that can be bought or sold during market hours. Additionally, it may appeal to those looking to diversify into debt instruments alongside equity investments.
You can invest through a registered stockbroker using a demat and trading account. Search for the ETF on your trading platform, select the number of units, and place your order during market hours. The minimum investment is one unit, and additional units can be purchased in multiples of one.
Yes, you can sell your units during stock market hours at the prevailing market price. Since the ETF is listed on the exchange, it provides the flexibility to buy or sell units during market hours. The sale proceeds are credited based on the standard exchange settlement cycle.
The key difference lies in how you transact. A liquid mutual fund is bought and redeemed directly with the fund house at NAV, while a Liquid ETF is traded on the stock exchange like a share through a demat account. Although both invest in short-term debt instruments, ETF prices fluctuate during the day based on market demand and supply.
The ETF invests in overnight and short-term debt instruments, which generally carry lower interest rate risk compared to long-duration debt funds. However, it is not risk-free. Returns may vary based on market conditions and can differ slightly from the benchmark due to tracking error.
The ETF tracks the Nifty 1D Rate Index, which reflects overnight money market returns. It serves as the benchmark for the scheme, and the ETF aims to replicate its performance by investing in similar short-term debt and money market instruments.
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Our Investment Philosophy reflects what we, as an organisation, believe will generate a good return on equity investment for our investors in the long term. It dictates our goals and guides decision making.
Alpha (a) is a term used in investing to describe an investment strategy’s ability to beat the market.
Alpha is thus also often referred to as excess return or the abnormal rate of return in relation to a benchmark, when adjusted for risk. Essentially, it means doing better than the crowd without taking disproportionate risk.
Collecting superior information
Analysts and portfolio managers strive to collect superior information about the business and the management of the company. They try to generate superior earnings forecast and the balance strength of the company and the industry, thereby trying to 'beat the market' on information edge. This is an important source of alpha for an investor. However, over the years, retaining the information edge has become more difficult and expensive. With a whole lot of investors trying to collect superior information, how can an investor be sure to continuously have accurate and material information about the companies, ahead of others, all the time?
Processing information better
Even if you don't have material information earlier than the crowd, you can still generate better outcomes if you are able to process this information better. Investors develop models and algorithms with enhanced predictive powers to forecast the next move. Fund managers who invest based on some pure formal analytical models are quantitative managers. Here, the goal is to try and beat other investors based on the sophistication of procedures or analytics. The analytical edge can be quite useful until it gets copied by many, and then it may stop generating superior returns.
Exploiting behavioural biases
As the name suggests, this edge is achieved by superior behaviour in reacting to the inputs available to maximise alpha. Modern finance assumes people behave with extreme rationality. However, researchers in behavioural finance have shown that this is not true. Moreover, these deviations from rationality are often systematic. Behavioural managers try to exploit situations where securities are mispriced by the market because of behavioural factors. At Bajaj Finserv AMC, we endeavour to combine the best of these edges.
