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Shriram NIfty 1D Rate Liquid ETF 544208.BO

Is Shriram NIfty 1D Rate Liquid ETF Halal?

Shariah Compliance Analysis of 544208.BO ETF

No. As of October 2026, Shriram NIfty 1D Rate Liquid ETF (544208.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

544208.BO was created on 2024-07-05 by Shriram. The fund's investment portfolio concentrates primarily on broad credit fixed income. The investment objective of the Scheme is to invest in Tri Party Repo on Government securities or treasury bills (TREPS). The Scheme aims to provide investment returns that, before expenses, correspond to the returns of the NIFTY 1D Rate Index, subject to tracking error.

544208.BO Shariah Compliance

As of October 2026, Shriram NIfty 1D Rate Liquid ETF is classified as not halal.

NOT HALAL

Shriram NIfty 1D Rate Liquid ETF (544208.BO) Chart

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