Aditya Birla Sun Life Silver ETF Fund of Fund – 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 fund of fund scheme investing in the units of Aditya Birla Sun Life Silver ETF.
The New Fund Offer price is Rs.10 per unit. The objective of the scheme is to provide returns similar to the returns generated by Aditya Birla Sun Life Silver ETF.
The fund manager for this scheme is Mr. Lovelish Solanki
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
Investments in the units of Aditya Birla Sun Life Silver ETF, which in turn invests in physical silver of 99.9% purity (fineness)
“The scheme asset allocation will be Units of Aditya Birla Sun Life Silver ETF (95-100%)
Debt & Money market instruments (including Cash and Cash Equivalent) (0-5%)
The riskometer for this scheme is Moderately to High
Also Read: Aditya Birla Sun Life SDL Plus AAA PSU Bond Apr 2027 60:40 Index Fund
Name of Mutual Fund | Aditya Birla Sun Life Mutual Fund |
Scheme Name | Aditya Birla Sun Life Silver ETF Fund of Fund |
About Scheme | An open ended fund of fund scheme investing in the units of Aditya Birla Sun Life Silver ETF |
Offer of Unit | Rs.10 |
Objective | to provide returns similar to the returns generated by Aditya Birla Sun Life Silver ETF. |
Name of Fund Manager | Mr. Lovelish Solanki |
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 Investments in the units of Aditya Birla Sun Life Silver ETF, which in turn invests in physical silver of 99.9% purity (fineness) |
The scheme asset allocation will be | Units of Aditya Birla Sun Life Silver ETF (95-100%) Debt & Money market instruments (including Cash and Cash Equivalent) (0-5%) |
Riskometer | Moderately to High |
DRHP | Click here |