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Partner With Us NRI

Category

Others

Scheme Type

OPEN

Exit Load (%)

Min Inv

1,000.00

Incremental Inv

0.00

Open Date

Jan 13, 2022

Close Date

Jan 27, 2022

Nav Calculation

DAILY

Sub-category

Exchange Traded Funds (ETFs)

Risk Level

Moderately High

Fund Manager

Vikram Dhawan

Repurchase/Redemption

Fund Objective

The investment objective of the scheme is to generate returns that are in line with the performance of physical silver in domestic prices, before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Notes

Nippon India Silver ETF is a passively managed exchange traded fund which will employ an investment approach designed to track the performance of Domestic Price of Silver. The Scheme seeks to achieve this goal by investing at least 95% of its total assets in physical silver and silver related instruments. The Scheme may also invest in cash & cash equivalents and money market instruments to meet the liquidity and expense requirements.