Shriram Nifty 1D Return ETF

The Shriram Nifty 1D Return ETF is an exchange-traded fund designed to provide investors with exposure to the overnight returns of the Indian money market. This ETF primarily invests in highly liquid money market instruments and short-term government securities, optimizing for safety and steady returns. Its main purpose is to offer a convenient and accessible way for investors to manage their cash with minimal risk while aiming to capture the daily returns from the overnight money market. By reflecting the performance of the Nifty 1D Rate Index, this ETF offers a low-risk investment option, attracting participants looking for short-term liquidity solutions and efficient cash management. Positioned as a crucial tool for both institutional and individual investors, it serves an essential role in portfolio allocation by enhancing liquidity and risk management strategies. As part of India's evolving financial market landscape, the Shriram Nifty 1D Return ETF promotes enhanced market efficiency by providing a transparent, liquid, and cost-effective investment vehicle for gaining exposure to the money market dynamics.