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Aditya Birla Sun Life Silver ETF

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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%)
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The riskometer for this scheme is Moderately to High

Also Read: Upcoming Mutual Fund

Name of Mutual FundAditya Birla Sun Life Mutual Fund
Scheme NameAditya Birla Sun Life Silver ETF
About SchemeAn open ended exchange traded fund tracking physical price of Silver
Offer of UnitRs.10
Objectiveto generate returns that are in line with the performance of physical silver in domestic prices
Name  of  Fund ManagerMr. 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 beSilver and Silver related Instruments (95-100%)
Debt & Money market instruments (including Cash and Cash Equivalent) (upto 5%)
RiskometerModerately to High
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