Mirae Asset Silver ETF Fund of Fund

Mirae Asset Silver ETF Fund of Fund – Mirae Asset Mutual Fund files offer document with SEBI


Mirae Asset Mutual Fund has filed offer document with SEBI to launch An open-endedfund of fund scheme predominantly investing in units of Mirae Asset Silver ETF.

The New Fund Offer price is Rs.10 per unit.

The objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset Silver ETF

The fund manager for this scheme is Ms. Ekta Gala

“This product is suitable for investors who are seeking to generate long-term capital appreciation/ income.
Investments predominantly in units of Mirae Asset Silver ETF”

“The scheme asset allocation will be Units of Mirae Asset Silver ETF (95-100%)
Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds (0 -5%)”

The riskometer for this scheme is Moderately to High

Also Read: HDFC MSCI Emerging Markets Index Fund of Funds

Name of Mutual FundMirae Asset Mutual Fund
Scheme NameMirae Asset Silver ETF Fund of Fund
About SchemeAn open-endedfund of fund scheme predominantly investing in units of Mirae Asset Silver ETF
Offer of UnitRs.10
Objectiveto  provide  long-term  capital  appreciation  from  a  portfolio investing predominantly in units  of Mirae  Asset Silver ETF
Name  of  Fund ManagerMs. Ekta Gala
This product is suitable for investors who are seeking to generate long-term capital appreciation/ income
Investments predominantly in units of Mirae Asset Silver ETF
The scheme asset allocation will beUnits of Mirae Asset Silver ETF  (95-100%)
Money market instruments / debt securities, Instruments and/or  units  of  debt/liquid  schemes  of  domestic  Mutual Funds (0 -5%)
RiskometerModerately to High
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