How Is Zerodha's Liquid ETF Different From Others? | NDTV Profit - video Dailymotion

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#ZerodhaMF listed India’s first growth liquid ETF, the Zerodha Nifty 1D Rate Liquid ETF, on the #NSE.   Watch CEO Vishal Jain explaining how it's different from its peers, in conversation with Saloni Kothari .   Read more:https://bit.ly/48KJRpr

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00:00 In the market as of today, there are around seven liquid ETFs and together

00:05 they have an AUM of about 15,000 crores or so. All these ETFs pay dividend on a

00:11 daily basis and at times it can be difficult for investors to track the

00:16 returns in these ETFs. What we have done is we've innovated on this product, on

00:20 the structure and the ETF that we've launched is the Zerodha Nifty One Day

00:25 Rate Growth ETF, Growth Liquid ETF. The difference between this ETF and other

00:30 ETFs is that here because it's a growth ETF, the NAV will reflect the returns of

00:37 the product on a day-to-day basis and therefore it becomes much more easier

00:40 for investors to track returns on the product.

00:43 Right, you know I mean you've pretty new in the passive mutual fund business,

00:48 you've already launched this third fund if I'm not wrong, so can you help us

00:51 understand how's the business term been you know kind of clients that you're

00:55 seeing and of AUMs also especially after launching the third fund?

00:58 Right, so we've had an overwhelming response till now, we're a passive only fund house

01:05 focusing only on retail investors and as you said it's our third product, we've

01:10 got an overwhelming response. I mean we had an NFO of the first two products and

01:15 we raised about 104 crores in that NFO and our AUM has already crossed

01:19 about 250 crores in both these products you know in a short span of about three

01:23 months or so. So we're very excited about the journey, this is again you know one

01:30 of the products that we feel we've created especially for retail investors

01:34 and we think that you know the journey has just begun for us and you'll see a

01:38 lot more coming from us in the coming few weeks.

01:41 (dramatic music)

01:44 [music]

How Is Zerodha's Liquid ETF Different From Others? | NDTV Profit

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