Dailymirror.news,Mumbai, March 21st, 2025: Angel One Asset Management Company Ltd, a wholly owned subsidiary of Angel One Limited and a leading FinTech player, has launched the Angel One Nifty 1D Rate Liquid ETF – Growth. This open-ended exchange-traded fund (ETF) replicates the Nifty 1D Rate Index and offers investors a smart way to optimize returns on idle funds. The New Fund Offer (NFO) will be open for subscription from March 20 to March 24, 2025.

A Secure & Efficient Investment Solution

This ETF is structured as a highly liquid and risk-averse investment avenue, primarily investing in Tri-Party Repos (TREPS) on Government Securities (G-Secs) or Treasury Bills (T-Bills) with overnight maturity. The underlying government-backed securities eliminate Mark-to-Market (MTM) risk while ensuring low credit risk, making it an ideal choice for investors seeking safety, liquidity, and stable returns.

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The Growth Option of the ETF automatically reinvests daily earnings back into the scheme, with accrued returns reflected in the Net Asset Value (NAV), thus simplifying investment tracking and maximizing compounding benefits.

Key Features & Benefits

  • No entry or exit load
  • Minimum investment starts at ₹1,000, with additional investments allowed in multiples of Re. 1
  • Units will be listed on the National Stock Exchange (NSE) within five working days post allotment, ensuring easy liquidity
  • Tax-efficient structure – taxation is applicable only at the time of sale of units
  • No Securities Transaction Tax (STT) on purchase or sale of ETF units
  • Can be used for margin trading to enhance trading efficiency

Leadership Insights

Commenting on the launch, Mr. Hemen Bhatia, Executive Director & CEO, Angel One AMC, said:
“Angel One Nifty 1D Rate Liquid ETF – Growth is designed to offer a secure, liquid, and efficient investment option for investors looking to optimize short-term fund management. This cost-effective ETF ensures high safety, tax efficiency, and ease of use, making it a valuable addition to every investor’s portfolio.”

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The fund will be managed by experienced fund managers Mr. Mehul Dama and Mr. Kewal Shah.

Angel One Asset Management Company Limited (AMC), a wholly owned subsidiary of Angel One Limited, specializes in passive investment solutions, including Index Funds and ETFs. With a commitment to democratizing wealth creation, Angel One AMC is focused on expanding financial inclusion by bringing passive investment opportunities to investors across India.