Description
BSE permits trading of Kotak Nifty 1D Rate Liquid ETF units in B Group effective September 5, 2025.
Summary
BSE has permitted trading of Units of Kotak Nifty 1D Rate Liquid ETF in the B Group category effective from Friday, September 5, 2025. This open-ended scheme will trade under scrip code 590139 with the abbreviated name LIQUID1.
Key Points
- ETF will be traded in B Group with market lot of 1 unit
- Face value: Rs. 1000 per unit
- Total units available: 202,021
- ISIN: INF174KA1LV5
- Market makers: Kotak Securities and Chola Securities
- Registrar: Computer Age Management Services Private Limited
Regulatory Changes
No regulatory changes. This is a routine permission for trading under existing “permitted securities category” provisions.
Compliance Requirements
- Trading members can commence trading from September 5, 2025
- Standard B Group trading rules apply
- Market makers must fulfill their obligations
Important Dates
- September 5, 2025: Trading commencement date
Impact Assessment
Minimal market impact as this is a liquid ETF with limited trading volume expected. Provides investors with another liquid investment option tracking 1-day rates.
Impact Justification
Routine ETF listing with limited market impact