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Mirae Asset Silver ETF

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

Mirae Asset 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

This product is suitable for investors who are seeking Returns that are commensurate with the performance of silver subject to tracking errors, over long-term.

Investments predominantly in Silver bullion of 0.999 fineness

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The scheme asset allocation will be Silver* (95-100%)

Money market instruments including Tri Party REPO/ 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: Navi Total Market Index Fund – Navi Mutual Fund files offer document with SEBI

Name of Mutual FundMirae Asset Mutual Fund
Scheme NameMirae Asset 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
This product is suitable for investors who are seeking Returns that are commensurate with the performance of silver
Investments predominantly in Silver bullion of 0.999 fineness
The scheme asset allocation will beSilver* (95-100%)

Money  market  instruments  including  Tri  Party  REPO/ debt  securities,  Instruments and/or  units  of  debt/liquid schemes of domestic Mutual Funds.(0-5%)
RiskometerModerately to High
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