HDFC Silver ETF – HDFC Mutual Fund files offer document with SEBI
HDFC Mutual Fund has filed offer document with SEBI to launch An open ended Exchange Traded Fund (ETF) replicating/tracking performance 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
This product is suitable for investors who are seeking returns that are commensurate with the performance of Silver and investment predominantly in Silver bullion of 0.999 fineness.
The scheme asset allocation will be Silver (95-100%)
Debt Securities & Money Market Instruments (0-5%)
The riskometer for this scheme is Moderately to High
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| Name of Mutual Fund | HDFC Mutual Fund |
| Scheme Name | HDFC Silver ETF |
| About Scheme | An open ended Exchange Traded Fund (ETF) replicating/tracking performance of Silver |
| Offer of Unit | Rs.10 |
| Objective | to generate returns that are in line with the performance of physical Silver in domestic prices |
| This product is suitable for investors who are seeking | returns that are commensurate with the performance of Silver. investment predominantly in Silver bullion of 0.999 fineness. |
| The scheme asset allocation will be | Silver (95-100%) Debt Securities & Money Market Instruments (0-5%) |
| Riskometer | Moderately to High |
| DRHP | Click here |
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