# ICICI Prudential BSE Liquid Rate ETF

ICICI Prudential Asset Management Company Limited · Exchange Traded · ETF

Full page with charts: https://discovermf.com/funds/icici-prudential-bse-liquid-rate-etf-153378
Figures as of 3 Nov 2026, from DiscoverMF. Information, not investment advice. Past returns do not indicate future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.

## In short

- **What it invests in:** Follows an index or a price, bought and sold like a share. Its latest portfolio: 100% cash.
- **Next to similar funds:** Over the last year it earned 5.0%; similar funds lost 1.9% on average.
- **How bumpy:** Low: prices barely move. It made money in 100 of every 100 one-year stretches.
- **Expense ratio:** 0.36% a year. Similar funds: 0.25% on average.
- **Fees and minimums:** No fee for selling early.

Past returns do not tell you future returns.

## Key facts

- **NAV:** ₹1,086.96 on 3 Nov 2026
- **Fund size:** ₹983 cr (2 Nov 2026)
- **Expense ratio:** 0.36% a year (typical in its category 0.25%)
- **Riskometer:** Low
- **Benchmark:** BSE Liquid Rate Index
- **Category:** [Exchange Traded](https://discovermf.com/categories/exchange-traded.md)
- **Fund house:** [ICICI Prudential Asset Management Company Limited](https://discovermf.com/fund-houses/icici-prudential)
- **Launched:** 12 Mar 2025
- **Exit load:** Nil
- **Minimum investment:** ₹1 to start
- **AMFI scheme code:** 153378

## Returns

| Period | Fund | Category average | Benchmark | Rank in category |
| --- | --- | --- | --- | --- |
| 1 month | +0.4% | — | — | — |
| 3 months | +1.2% | — | — | — |
| 6 months | +2.5% | — | — | — |
| 1 year | +5.0% | -1.9% | +5.3% | 29 of 253 |
| 3 years (a year) | — | +11.6% | — | — |
| 5 years (a year) | — | +8.8% | — | — |
| Since launch (a year) | +5.2% | — | — | — |

### Calendar years

| Year | Fund | Benchmark |
| --- | --- | --- |
| 2026 | +4.2% | — |

## Risk

| Measure | Fund | Category average |
| --- | --- | --- |
| Volatility, last year | 0.1% | 15.8% |
| Worst fall, last year | 0.0% | — |
| Worst fall, last 3 years | 0.0% | — |
| Sharpe ratio, 3 years | — | — |
| Sortino ratio, 3 years | — | — |
| Beta, 3 years | — | — |
| Alpha, 3 years | — | — |

## Portfolio, September 2026

2 holdings. Cash and equivalents 100.0%.

### Largest holdings

| Holding | Sector or type | Weight |
| --- | --- | --- |
| TREPS | Cash | 99.38% |
| Net Current Assets | Cash | 0.62% |

## Managers

- [Nikhil Kabra](https://discovermf.com/fund-managers/nikhil-kabra), since 12 Mar 2025
- [Darshil Dedhia](https://discovermf.com/fund-managers/darshil-dedhia), since 12 Mar 2025

## Objective

The investment objective of the Scheme is to provide returns before expenses that correspond to the returns of 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.