Aditya Birla Sun Life Silver ETF – Aditya Birla Sun Life Mutual Fund files offer document with SEBI
Aditya Birla Sun Life Mutual Fund has filed offer document with SEBI to launch An open ended exchange traded fund tracking physical price of Silver.
The New Fund Offer price is Rs.10 per unit. The objective of the scheme is to generate returns that are in line with the performance of physical silver in domestic prices
The fund manager for this scheme is Mr. Lovelish Solank
This product is suitable for investors who are seeking Investors seeking returns that are in line with the performance of silver over the long term and Investments in physical silver of 99.9% purity (fineness)
- The scheme asset allocation will be Silver and Silver related Instruments (95-100%)
- Debt & Money market instruments (including Cash and Cash Equivalent) (upto 5%)
The riskometer for this scheme is Moderately to High
Also Read: Upcoming Mutual Fund
| Name of Mutual Fund | Aditya Birla Sun Life Mutual Fund |
| Scheme Name | Aditya Birla Sun Life Silver ETF |
| About Scheme | An open ended exchange traded fund tracking physical price of Silver |
| Offer of Unit | Rs.10 |
| Objective | to generate returns that are in line with the performance of physical silver in domestic prices |
| Name of Fund Manager | Mr. Lovelish Solank |
| This product is suitable for investors who are seeking | Investors seeking returns that are in line with the performance of silver over the long term and Investments in physical silver of 99.9% purity (fineness) |
| The scheme asset allocation will be | Silver and Silver related Instruments (95-100%) Debt & Money market instruments (including Cash and Cash Equivalent) (upto 5%) |
| Riskometer | Moderately to High |
| DRHP | Click here |
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