Your current browser might not support few of our features. For a better view and experience please update your browser to IE 8 and above.

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 2,500 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
    N.A.

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.

Other Links