The investment objective is to seek to provide current income, commensurate with low risk while providing a high level of liquidity through a portfolio of Tri-Party Repo on Government Securities or T-bills / Repo & Reverse Repo. The Scheme endeavours to provide returns that before expenses, closely correspond to the returns of Nifty 1D Rate Index subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

• Investment in TREPS: The Scheme would invest all its funds in Tri-Party Repo on Government Securities or T-bills/Repo & Reverse Repo predominantly and other money market instruments.
• Investment in money market instruments: Money market instruments include, but are not limited to Treasury Bills, Commercial Paper of Public Sector Undertakings and Private Sector Corporate Entities, Term Money, Tri-party repo, Certificates of Deposit of Scheduled Commercial Banks, Financial Institutions and Development Financial Institutions, Government securities with unexpired maturity of one year or less and other Money Market securities as may be permitted by SEBI / RBI from time to time and in the manner prescribed under the Regulations.

• Mirae Asset Nifty 1D Rate Liquid ETF - IDCW is an efficient and convenient solution for utilizing the cash balance between trades in the equity market.
• ETF will declare IDCW (dividend) on a daily basis, which is then reinvested into the fund. The IDCW (dividend) will be in form of ETF units.
• Accrued IDCW (dividend) in form of ETF units will be credited into the investor DEMAT account of a weekly basis. IDCW (dividend) will continue to accrue on total units of an investor in the scheme until the investor redeems the ETF units.
• Relatively low TER option to invest in Liquid ETF.
• Constant quotes for any size at Rs. 999.99 to Rs.1000.01 on both buy and sell side (at NSE & BSE)

*Dividends mentioned over here imply dividends. IDCW is abbreviation of Income Distribution cum Capital Withdrawal. Calculation of eligible IDCW will start from the day, Mirae Asset Nifty 1D Rate Liquid ETF-IDCW is credited to your Demat Account. Eligible IDCW declared is compulsorily reinvested into , Mirae Asset Nifty 1D Rate Liquid ETF - IDCW and the additional units arising out of investment of such IDCW will be credited to your Demat account. Please note that the scheme will declare IDCW at a daily frequency, subject to availability of distributable surplus.