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ICICI Prudential Liquid ETF

ICICI Prudential Liquid ETF

The S&P BSE Liquid Rate Index is designed to measure the returns from a daily rolling deposit at the Collateralized Borrowing and Lending Obligation (CBLO) rate.

Schemes - ICICI Prudential Liquid ETF

  • Real Time NAV

  • Closing NAV

     

Investment Philosophy

  • The investment objective of the Scheme is to invest in CBLOs. The Scheme aims to provide returns before expenses that closely correspond to the returns of S&P 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.

Key Features

  • The Scheme will predominantly invest in CBLOs
  • The CBLO market facilitates a collateralized environment for borrowing and lending of funds to market participants

Key Benefits

  • Investors who want to park their idle cash in a hassle-free manner between trades can invest in the ETF
  • Dividend will be declared on a daily basis and pay-out will be done on a weekly basis
  • The ETF does not attract securities transaction tax (STT)
  • Units of the ETF can be used as margin

Who should invest?

Investors who want to invest their idle cash for a short period of time can invest in the ETF.
Scheme Features
Type An open ended exchange traded fund tracking S&P BSE Liquid Rate Index
Underlying S&P BSE Liquid Rate Index
ISIN INF109KC1KT9
NSE Symbol & BSE Scrip ID ICICILIQ
BSE Scrip Code 541946
Pricing Face value of Rs. 1,000 each
Application size - Directly with AMC 100 units & in multiple thereof
Application size through NSE & BSE There is no minimum investment, although Units are Purchased in round lots of 1 Unit
Entry Load Not Applicable
Exit Load NIL
Authorized Participant
    • JIGAR COMMODITIES & DERIVATIVES PVT LTD, Office No 141, Centre Point, Somnath, Daman Diu, Pincode- 396210.

Fund Manager

Rohan Maru - Managing this fund since September 2018 and overall 8 years of experience

This Product is suitable for investors who are seeking*:

  • Short term saving solution
  • A liquid exchange traded fund that aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Disclaimer by the National Stock Exchange of India Limited: It is to be distinctly understood that the permission given by National Stock Exchange of India Limited (NSE) should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of the ‘Disclaimer Clause of NSE’.


Disclaimer by the BSE Limited: It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed that the SID has been cleared or approved by BSE Limited nor does it certify the correctness or completeness of any of the contents of the SID. The investors are advised to refer to the SID for the full text of the Disclaimer Clause of the BSE Limited.


Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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