- Investable/trading opportunities in the stock market tend to be short-lived, making it necessary to have adequate liquidity to grab them in a timely manner

- Keeping excessive cash in trading accounts but comes with its disadvantages – from loss of returns on idle cash, encouraging behavioural often rash investing to hassles of margin management

- What if there was a simpler way to manage cash for timely trades whilst also overcoming the defects of excessive cash liquidity?

- Aditya Birla Sun Life CRISIL Liquid Overnight ETF is a short-term open-ended debt ETF which is conceptualised precisely for meeting this very need.

- It is a passively managed ETF that tracks and replicates the CRISIL Overnight Fund AI Index. This index is comprised of TREPS i.e.: Tri-party repo securities that have a one-day maturity.

- It aims to offer investors liquidity along with overnight risk-free returns.

- This fund is best suited for very short-term purpose i.e.: as a tool to effectively manage cash for trades.

How does Aditya Birla Sun Life CRISIL Liquid Overnight ETF Fund works?

Investors/traders place sell order of shares and simultaneously place buy order of equivalent value in fund units

Investors/traders earn IDCW on fund units credited to demat. Further units can be used as collateral if required for margin requirement (typically ~90-92%)

When investors/traders wish to capitalise on an investing/trading opportunity, they can simultaneously sell fund units and place buy order for desired shares

Thus, Aditya Birla Sun Life CRISIL Liquid Overnight ETF Fund provides commensurate liquidity as conventional trading with the added benefit of earning returns