Angel One Mutual Fund launches Angel One Nifty 1D Rate Liquid ETF Growth

NFO period: 20^th March - 24^th March, 2025

Highlights of the NFO:

• Scheme type - An open-ended Exchange Traded Fund replicating/tracking Nifty 1D Rate Index. A relatively low interest rate risk and relatively low credit risk.


• Investment objective - 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.


• Product suitability - This product is suitable for investors who are seeking current income with high degree of liquidity. Investment in Tri-Party Repo on Goverment securities or T-bill / Repo & Reverse Repo and Money Market instruments


• Minimum Application Amount - Rs. 1000 and in multiples of Rs. 1/- thereafter.


• Plan/ Options available - There are no plans under the Scheme. The Scheme will offer only growth option.


• Fund Managers - Mr. Mehul Dama and Mr. Kewal Shah


• Benchmark - Nifty 1D Rate Index.