This is the Direct plan of Shriram Nifty 1D Rate Liquid ETF — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
NAV history
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (Debt ETF)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.36% | — | — |
| 3M abs | +1.14% | — | — |
| 6M abs | +2.31% | — | — |
| 1Y CAGR | +4.73% | — | — |
| 3Y CAGR | — | — | — |
| 5Y CAGR | — | — | — |
Category average across peers in Debt ETF (up to 3 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
12 monthly installments of ₹10,000 into Shriram Nifty 1D Rate Liquid ETF, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +3.53% | |
| 2025 | +5.37% | |
| 2024part | +2.94% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Cash & Equivalents100.00%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹38.97Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
Shriram Mutual Fund is run by Shriram Asset Management, part of the Chennai-based Shriram Group. It is one of the industry's smallest houses by assets, running a handful of equity and hybrid schemes.
Fund Managers
AMAmit ModaniManaging since 01 Nov 2025
Mr. Amit Modani has over 13 years of experience in fixed income fund management and dealing. Before his current role, he served as Fund Manager - Fixed Income at Mirae Asset Investment Managers (India) Pvt. Ltd. He has also worked with BOI Mutual Fund. Prior to that, he worked as Portfolio Manager – Fixed Income at Quantum Mutual Fund and as Dealer – Fixed Income at PGIM Mutual Fund.
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
Shriram in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Two from Shriram Mutual Fund - 13 equity mutual funds fail to outperform benchmarks in 3 years: ACE MF
The Economic Times · 4d ago
SHRIRAM ASSET MANAGEMENT CO.LT Share Price
Upstox · 4d ago
Shriram Gold ETF Passive FoF - Regular Plan Portfolio
The Economic Times · 4d ago
Shriram Gold ETF Passive FOF - Direct (G)
Multibagg AI · 5d ago
Shriram Mutual Fund has declared change in the fund managers of its few schemes
Value Research · 21d ago
Shriram Gold ETF Passive FoF Regular-Growth (₹ 10.04) - NAV, Reviews & asset allocation
The Economic Times · 05 Sep 2026
India’s Power Industry Set to Gain Most from Global AI Expansion, Says Shriram Mutual Fund Report
The Impressive Times · 11 Jul 2026
‘Power sector presents India’s biggest AI opportunity’
News Arena India · 11 Jul 2026
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Index funds & ETFs
Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.
Frequently asked questions
What is the NAV of Shriram Nifty 1D Rate Liquid ETF?
As of 05 Oct 2026, the NAV of Shriram Nifty 1D Rate Liquid ETF is ₹1,124.27 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Shriram Nifty 1D Rate Liquid ETF delivered?
Shriram Nifty 1D Rate Liquid ETF has returned +4.73% over 1 year and +5.32% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
How risky is Shriram Nifty 1D Rate Liquid ETF?
Shriram Nifty 1D Rate Liquid ETF is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.1% and its worst peak-to-trough fall in our sample was 0.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Shriram Nifty 1D Rate Liquid ETF?
Shriram Nifty 1D Rate Liquid ETF is benchmarked against the Nifty 1D Rate Index. Its alpha and beta on this page are measured against that index.
Who manages Shriram Nifty 1D Rate Liquid ETF?
Shriram Nifty 1D Rate Liquid ETF is managed by Amit Modani at Shriram.
How is Shriram Nifty 1D Rate Liquid ETF taxed?
Shriram Nifty 1D Rate Liquid ETF is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.