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Best Nifty 1D rate Index Liquid ETFs in India (2026)

Nifty 1D Rate Liquid ETFs are exchange-traded funds in India that track the NIFTY 1D Rate Index, investing predominantly in highly liquid, short-term instruments such as overnight repos and government securities to reflect the prevailing overnight interest rate. As of early January 2026, the Zerodha Nifty 1D Rate Liquid ETF had amassed nearly ₹7,936 cr in assets under management, underscoring significant investor interest in this category of liquid ETFs.

Top Nifty 1D Rate Liquid ETFs in 2026

Nifty 1D Liquid ETF Stock Screener

Nifty 1D Liquid ETF Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 7 of 7 results

last updated at 6:30 AM IST 
NameStocks (7)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.Nippon India ETF Nifty 1D Rate Liquid BeESLIQUIDBEESDebtDebt2,580.812,580.811,000.001,000.00--0.000.000.000.000.000.000.000.00------0.000.00--0.000.00
2.SBI NIFTY 1D Rate Liquid ETF - GrowthSBILIQETFDebtDebt41.8641.861,025.651,025.65--0.010.010.420.422.462.462.462.46----------0.120.12
3.DSP NIFTY 1D Rate Liquid ETFLIQUIDETFDebtDebt35.3435.341,000.001,000.00--0.000.000.000.000.000.000.000.00------0.000.00--0.000.00
4.Angel One Nifty 1D Rate Liquid ETF - GrowthAONELIQUIDDebtDebt27.3727.371,045.751,045.75--0.010.010.400.402.562.564.424.42----------0.000.00
5.Kotak Nifty 1D Rate Liquid ETFLIQUID1DebtDebt22.0222.021,090.071,090.07--0.010.010.420.422.602.605.475.47----------0.000.00
6.Nippon India Nifty 1D Rate Liquid ETF - GrowthLIQGRWBEESDebtDebt17.8617.861,026.771,026.77--0.010.010.390.392.442.442.562.56----------0.000.00
7.Edelweiss Nifty 1D Rate Liquid ETF - GrowthELIQUIDDebtDebt15.2615.261,017.461,017.46--0.010.010.420.421.601.601.601.60----------0.000.00

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Based on publicly available information | Sorted by market capitalisation from highest to lowest.

Overview of Top Midcap ETFs in India

Mirae Asset Nifty Midcap 150 ETF

The Mirae Asset Nifty Midcap 150 ETF tracks the Nifty Midcap 150 Index, which includes 150 mid-sized companies across different sectors. This ETF is known for its low expense ratio and strong past performance. It’s a good option for investors looking for a cost-effective way to invest in midcap stocks with growth potential.

Motilal Oswal Midcap 100 ETF

The Motilal Oswal Midcap 100 ETF follows the Nifty Midcap 100 Index, which includes the top 100 mid-sized companies in India. This ETF targets high-growth companies and is a popular choice for investors looking to invest in India’s growing midcap segment. It has a strong track record and offers a competitive expense ratio.

LIC Nifty Midcap 100 ETF

The LIC Nifty Midcap 100 ETF tracks the Nifty Midcap 100 Index, giving exposure to 100 of the most prominent midcap companies in India. Backed by LIC, one of India’s most trusted financial institutions, this ETF provides reliable exposure to midcap stocks, making it a safe choice for conservative investors.

ICICI Pru Nifty Midcap 150 ETF

The ICICI Prudential Nifty Midcap 150 ETF tracks the Nifty Midcap 150 Index, offering exposure to a wide range of 150 midcap companies. Managed by ICICI Prudential, one of India’s leading asset managers, this ETF is a good option for those looking for low-cost exposure to the midcap sector with reliable performance.

Zerodha Nifty Midcap 150 ETF

The Zerodha Nifty Midcap 150 ETF tracks the Nifty Midcap 150 Index, giving investors a low-cost way to invest in mid-sized companies. Known for its low brokerage fees, this ETF is a flexible and affordable option for investors looking to invest in the midcap space for the long term.

What are Midcap ETFs?

Midcap ETFs are investment funds that follow the performance of mid-sized companies, usually ranked between 101st and 250th in market size. These ETFs invest in a range of stocks from mid-cap indices like the Nifty Midcap 150 in India. This gives investors broad exposure to mid-cap companies. Midcap ETFs are easy to trade, offer good diversification, and come with lower costs compared to actively managed funds.

How to Invest in Nifty 1D Rate Index Liquid ETFs?

Here's how you can invest in Nifty 1D Rate Index Liquid ETFs using Tickertape -

  1. Create an account on the Tickertape or log in if you already have one.
  2. Open Tickertape Stock Screener
  3. Filter Nifty 1D Rate Index Liquid ETFs screener based on various parameters such as market cap, close price, past returns and more. You can review this data to evaluate each ETF’s performance trends and determine whether they align with your investment thesis.
  4. Once you’ve decided on an ETF, you can place a buy order through your brokerage account linked to Tickertape.

You can also stay updated on alerts and announcements for your favourite stocks with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Features of Nifty 1D Rate Liquid ETFs in India

Tracking of Overnight Rates

Nifty 1D rate Liquid ETFs track the Nifty 1D Rate Index, which reflects overnight lending rates in the Indian money market. The underlying index measures returns from investing at the prevailing overnight rate.

Exchange Trading

These ETFs trade on stock exchanges during market hours, allowing investors to buy and sell units in real-time at market prices through their demat and trading accounts.

T+1 Settlement

Transactions in these ETFs follow a T+1 settlement cycle, meaning the transfer of securities and funds occurs one business day after the trade date.

High Liquidity Structure

The underlying assets consist of overnight securities and money market instruments, providing the fund with daily liquidity for meeting redemption requirements.

Creation and Redemption Mechanism

Authorised participants can create or redeem ETF units in large blocks, which helps maintain alignment between the ETF's market price and its net asset value.

Lower Expense Ratios

Nifty 1D rate Liquid ETFs typically have lower expense ratios compared to actively managed liquid funds, as they follow a passive investment approach.

Advantages of Investing in Nifty 1D Rate Liquid ETFs in India

Parking Short-term Surplus

Nifty 1D Rate Liquid ETFs help park short-term surplus funds while earning returns linked to overnight interest rates.

Intraday Liquidity Access

These ETFs trade during market hours, allowing same-day access to funds through intraday selling.

Transparency in Holdings

Regular disclosures show the exact securities held, improving visibility and control for investors.

Lower Cost Structure

Passive management typically results in lower expense ratios compared with actively managed liquid funds.

No Exit Load

Most Nifty 1D Rate Liquid ETFs charge no exit load, enabling investors to redeem without additional fees.

Portfolio Diversification Element

These ETFs provide exposure to money-market rate instruments, adding another layer of diversification to portfolios.

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Risks of Investing in Nifty 1D Rate Liquid ETFs in India

Interest Rate Fluctuation Risk

Returns vary with overnight lending rates, which change based on liquidity conditions and monetary policy.

Tracking Error Risk

Fund returns can deviate from benchmark returns due to expenses, cash drag, or rebalancing gaps.

Market Price Deviation Risk

ETF units may trade at premiums or discounts to NAV, especially during low-volume or volatile market periods.

Counterparty Risk

Underlying money-market instruments carry credit exposure if counterparties face repayment challenges.

Liquidity Risk in Trading

ETF units may see low trading volumes, affecting ease of execution for large trades.

Taxation Implications

Returns are taxed based on holding period and slab rates, impacting net gains versus other liquid instruments.

Factors to Consider Before Investing in Nifty 1D Rate Liquid ETFs

Investment Time Horizon

The suitability of these ETFs depends on how long surplus cash is available and the need for immediate liquidity.

Comparison with Alternatives

Overnight funds, liquid mutual funds, and savings products differ in liquidity, expenses, and operational processes.

Trading and Demat Costs

Brokerage fees, demat charges, and transaction costs affect overall returns and should be considered carefully.

Tax Efficiency Analysis

The tax treatment of gains influences post-tax returns and determines whether ETFs outperform other cash-management options.

Prevailing Rate Environment

Overnight money-market rates at the time of investment directly affect potential ETF returns.

Personal Financial Situation

Cash-flow needs, emergency buffers, and asset allocation determine how well these ETFs fit within an investor’s portfolio.

Taxation on Nifty 1D Rate Index Liquid ETFs

The taxation of Nifty 1D Rate Index Liquid ETFs depends on the holding period. Different tax rules apply to short-term and long-term capital gains.

Holding Period Tax Treatment Rate
All Holding Periods For investments made after April 1, 2023, all gains are treated as Short-Term Capital Gains (STCG) regardless of the holding period. All gains are added to your income and taxed according to your income tax slab.

Conclusion

Midcap ETFs offer high growth potential and diversification within mid-sized companies, often with lower expense ratios than actively managed funds. However, midcap ETFs also come with risks such as higher volatility, sensitivity to economic changes, and sector concentration, which can increase the impact of downturns. That’s why, before investing, it's important to weigh these benefits against the risks. The Tickertape Stock Screener, with over 200 filters, helps investors analyse ETFs by factors like expense ratios, sector exposure, liquidity, and more. This tool makes it easier for investors to assess midcap ETFs and align them with their investment thesis and risk tolerance.

Frequently Asked Questions on Nifty 1D Rate Liquid ETFs

  1. What is a Nifty 1D rate Liquid ETF?

    A Nifty 1D rate Liquid ETF is an exchange-traded fund that aims to track the performance of the Nifty 1D Rate Index. This index reflects returns from overnight lending in the Indian money market. The ETF invests in overnight securities and money market instruments to replicate the index composition.

  2. Which Nifty 1D rate Liquid ETF is the best?

    As of 8th January 2026, some of the best Nifty 1D rate Liquid ETFs in India, according to market cap include:
    1. Edelweiss Nifty 1D Rate Liquid ETF
    2. Groww Nifty 1D Rate Liquid ETF
    3. Kotak Nifty 1D Rate Liquid ETF
    4. Zerodha Nifty 1D Rate Liquid ETF
    5. DSP NIFTY 1D Rate Liquid ETF

    Disclaimer: The above Nifty 1D rate Liquid ETF India list is for educational purposes only and should not be considered investment advice.

  3. What is the minimum investment amount for these ETFs?

    The minimum investment depends on the current market price of one ETF unit. Investors can purchase units through the stock exchange, and some brokers allow fractional unit purchases, though the standard lot is typically one unit or more. Disclaimer: This response is informational and not recommendatory. Please consult a SEBI-registered advisor or conduct independent research before making any decisions.

  4. What is tracking error in these ETFs?

    Tracking error measures the difference between the ETF's returns and the Nifty 1D Rate Index returns. Causes include management expenses, cash holdings for operational needs, timing differences in portfolio adjustments, and transaction costs.

  5. What is the difference between the Nifty 1D Rate Index and other money market indices?

    The Nifty 1D Rate Index specifically tracks overnight rates, while other money market indices may track longer-duration instruments like treasury bills or commercial paper. The overnight focus means daily repricing based on current rate conditions. Disclaimer: This response is informational and not recommendatory. Please consult a SEBI-registered advisor or conduct independent research before making any decisions.

  6. Can NRIs invest in Nifty 1D rate Liquid ETFs?

    NRIs can generally invest in Indian ETFs subject to RBI regulations and FEMA guidelines. The investment route (NRE, NRO, or other accounts) and repatriation provisions depend on individual circumstances and applicable regulations at the time of investment. Disclaimer: This response is informational and not recommendatory. Please consult a SEBI-registered advisor or conduct independent research before making any decisions.

  7. Can I pledge Nifty 1D rate Liquid ETF units for margin?

    Many brokers accept ETF units as collateral for margin requirements, subject to haircuts and their internal policies. The specific haircut percentage applied depends on the broker's risk assessment and regulatory guidelines. Disclaimer: This response is informational and not recommendatory. Please consult a SEBI-registered advisor or conduct independent research before making any decisions.

  8. How frequently is the Nifty 1D Rate Index rebalanced?

    The index reflects overnight rates that reset daily based on prevailing market conditions. While there isn't a traditional rebalancing in the equity sense, the underlying rate adjusts continuously based on money market dynamics. Disclaimer: This response is informational and not recommendatory. Please consult a SEBI-registered advisor or conduct independent research before making any decisions.

  9. How to sell nifty 1d rate index liquid ETFs?

    Nifty 1D Rate Index Liquid ETFs can be sold on the exchange using your demat account. You can place a sell order during market hours, and the transaction settles as per standard exchange processes.