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ICICI Prudential Silver ETF

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ICICI PRUDENTIAL SILVER ETF – ICICI Prudential Mutual Fund files offer document with SEBI

ICICI Prudential Mutual Fund has filed offer document with SEBI to launch An open-ended scheme replicating/tracking Domestic 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

There can be no assurance or guarantee that the investment objective of the plan will be achieved.

The Scheme may also participate in Exchange Traded Commodity Derivatives (ETCDs) with silver as underlying

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The fund manager for this scheme is Mr. Gaurav Chikane

This product is suitable for investors who are seeking Solution for portfolio diversification and Long term wealth creation.

Investment returns that closely track domestic prices of Silver

  • The scheme asset allocation will be Silver and instruments with Silver as underlying that may be specified by SEBI# (95-100%)
  • Debt & Money Market Instruments including units of Debt oriented Mutual Funds* (0-5%)

The riskometer for this scheme is Moderately to High

Also Read: IDFC SDL plus AAA Bond plus Gilt 2027 Index Fund

Name of Mutual FundICICI Prudential Mutual Fund
Scheme NameICICI PRUDENTIAL SILVER ETF
About SchemeAn open-ended scheme replicating/tracking Domestic Price of Silver
Offer of UnitRs.10
Objectiveto  generate  returns  that  are  in  line  with  the performance of physical silver in domestic prices, subject to tracking error.
There can be no assurance or guarantee that the investment objective of the plan will be achieved.

The  Scheme may  also  participate  in  Exchange  Traded  Commodity  Derivatives  (ETCDs) with silver as underlying
Name  of  Fund ManagerMr. Gaurav Chikane
This product is suitable for investors who are seeking Solution  for  portfolio  diversification  and Long term wealth creation.

Investment  returns  that  closely  track  domestic prices of Silver, subject to tracking error. 
The scheme asset allocation will beSilver and instruments with Silver as underlying   that   may   be   specified   by SEBI# (95-100%)

Debt    &    Money    Market    Instruments including  units  of  Debt  oriented  Mutual Funds* (0-5%)
RiskometerModerately to High
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