India’s 1st
Growth Liquid ETF
Introducing
Zerodha Nifty 1D Rate Liquid ETF
NSE/BSE Symbol: LIQUIDCASE
Expected Listing On: 24th Jan 2024
Zerodha Nifty 1D Rate Liquid ETF
An ETF for effectively parking & managing
extra cash
Invests in Relatively Low Risk Instruments
that offer 1 day maturity
Provides the Ease of Growth NAV as returns are reflected in daily price movement
Might be Suitable for all Investors
for cash management and placing margin
Will be available on:
Invests in
Relatively Low Risk Instruments
Allocates Assets in
Instruments like Tri-Party Repo on Government Securities or
T-bills, Reverse repo, Cash & Cash equivalents and G-Sec(s)
Tracks Nifty 1D Rate Index
Which measures the returns generated by market
participants lending in the overnight market
With Relatively Low Interest & Credit Risk
As it invests primarily in securities with 1 day maturity and
are government backed
As per the asset allocation mentioned in the SID of the scheme
Provides the
Ease of Growth NAV
“
With Growth NAV, the returns are reflected in the ETF’s daily
price movement. This makes it much easier to track and
maintain as compared to daily dividend”
Vishal Jain
CEO, Zerodha Fund House
“
Growth NAV makes this ETF tax efficient. Your returns are
taxed only when your investments are redeemed, unlike daily
dividends which are taxed continuously”
Apurv Parikh
Debt Fund Manager, Zerodha Fund House
Might be
Suitable for All Investors
Ideal for Idle Funds
Low min. amount, daily returns, and relatively low risk
makes it perfect for parking idle money
Cushion Against Market Volatility
Acts as a short term debt component in your portfolio,
which may help in reducing risk during volatile times
Smarter Cash Management
Helps transition between Equity and Cash within the same
settlement and may be used as collateral for margin*
*Availability of margin totally dependents on the respective broker
Tracks
Nifty 1D Rate Index
The index uses the overnight rate
provided through “Triparty Repo
Dealing System (TREPS)" for
computation of index values.
The objective of Nifty 1D Rate
index is to measure the returns
generated by market participants
lending in the overnight market.
Past performance
2,500
2,000
1,500
1,000
1
1
0
2
3
1
0
2
5
1
0
2
7
1
0
2
9
1
0
2
1
2
0
2
3
2
0
2
Data till 2023 December, Source: https://www.niftyindices.com/Factsheet/Factsheet_Nifty_1D_Rate.pdf
Past performance may and may not sustain in future. The data shown above pertains to the Index and does not in
manner indicate performance of any scheme of the Fund.
Other Facts
& Key Information
Fund name:
Zerodha Nifty 1D Rate Liquid ETF
Fund manager:
Apurv Parikh
NSE/BSE Symbol
LIQUIDCASE
Allotment NAV
Min. Purchase (On Exchange)
100
1 Unit
Creation Unit Size
Min. Purchase (Direct with AMC)*
5000 Units
₹25 cr
*₹25cr or such other amount and subject to such other conditions as may be specified by SEBI from time to time
Available on
All Major Broker Apps
Zerodha Kite
Paytm Money
Groww
ICICI Direct
Upstox
Angel One
Kotak Securities
Motilal Oswal
5 Paisa
Sharekhan
It can also be accessed through any registered stockbroker
for investing
Disclaimer: All the logos used in this slide are Trademark™ and Registered Trademark® of the respective holders. Use
of them does not imply any affiliation or endorsement by them.
Zerodha Nifty 1D Rate Liquid ETF
(An open-ended Exchange Traded Fund replicating/ tracking Nifty 1D Rate Index. A relatively low
interest rate risk and relatively low credit risk)
This Product is Suitable for Investors
who are seeking*:
Risk-o-meter of the scheme
Risk-o-meter of the Benchmark
(Nifty 1D Rate Index - TRI)
I> Short Term savings solutio2
0> Investment in securities covered by Nifty 1D
Rate Index
*investors should consult their financial advisors if in doubt
about whether the product is suitable for them
Investors should understand that their principal will be at: Low risk
*Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
Potential Risk Class Matrix
Credit Risk
Interest Rate Risk
Relatively Low
(Class I)
Moderate
(Class II)
Relatively High
(Class III)
Relatively Low
Moderate
Relatively High
(Class A)
(Class B)
(Class C)
A-I
Disclaimers
W This presentation dated 8 January, 2024 has been prepared by Zerodha Asset Management Private Limited based on the
publicly available data and other sources believed to be reliable. Any calculations made are approximations, meant as
guidelines only, which you must confirm before relying on them. The information contained in this document is for general
purpose only. The document is given in the summary form and does not purport to be complete. The document does not have
regard to specific investment objectives, financial situations and other particular needs of any specific person who may receive
this document. The information or data used in this document alone are not sufficient and should not be relied upon for the
development or implementation of an investment strategy. Neither Zerodha Asset Management Private Limited, Zerodha
Mutual Fund nor any person connected with them and acting on their behalf, accepts any liability arising from the use of this
document. The recipient(s) before acting on any information herein should make his/her/their own independent investigation
and seek appropriate professional advice and shall be fully responsible or liable for any decision taken on the basis of
information contained herein9
W Past performance may or may not sustain in future and should not be used as a basis for comparison with other investments.=
W All the logo images used in this document are Trademarks ™ and Registered Trademarks ® of the respective holders. Use of them
does not imply any affiliation with or endorsement by them9
W For complete details on the investment objective, investment strategy, asset allocation, scheme specific risk factors and more
details read the Scheme Information Document (SID) and Key Information Memorandum (KIM) of the scheme available on our
website www.zerodhafundhouse.co'
W BSE/NSE Disclaimer: Every person who desires to apply for or otherwise acquires any unit of this Fund may do so pursuant to
independent inquiry, investigation and analysis and shall not have any claim against the Exchange whatsoever by reason of any
loss which may be suffered by such person consequent to or in connection with such subscription/ acquisition whether by
reason of anything stated or omitted to be stated herein or any other reason whatsoever9
W Disclaimer of indices: NSE INDICES LIMITED do not guarantee the accuracy and/or the completeness of the Nifty 1D Rate Liquid
Index or any data included therein and NSE INDICES LIMITED shall have not have any responsibility or liability for any errors,
omissions, or interruptions therein. NSE INDICES LIMITED does not make any warranty, express or implied, as to results to be
obtained by the Issuer, owners of the product(s), or any other person or entity from the use of the Nifty 1D Rate Liquid Index or
any data included therein. NSE INDICES LIMITED makes no express or implied warranties, and expressly disclaims all warranties
of merchantability or fitness for a particular purpose or use with respect to the index or any data included therein. Without
limiting any of the foregoing, NSE INDICES LIMITED expressly disclaim any and all liability for any claims, damages or losses
arising out of or related to the Products, including any and all direct, special, punitive, indirect, or consequential damages
(including lost profits), even if notified of the possibility of such damageC
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY