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Nippon India Silver ETF Fund of Fund

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Nippon India Silver ETF Fund of Fund – Nippon India Mutual Fund files offer document with SEBI


Nippon India Mutual Fund has filed offer document with SEBI to launch An Open Ended Fund of Fund scheme investing in Nippon India BeES Silver ETF.

The New Fund Offer price is Rs.10 per unit. The objective of the scheme is to provide returns that closely correspond to returns provided by Nippon India BeES Silver ETF by investing in units of Nippon India BeES Silver ETF

The fund manager for this scheme is Mr. Mehul Dama

This product is suitable for investors who are seeking Long term capital growth

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Returns that are commensurate with the performance of Nippon India BeES Silver ETF through investment in securities of Nippon India BeES Silver ETF

“The scheme asset allocation will be Units of Nippon India BeES Silver ETF (95-100%)
Money Market Instruments* including Tri-Party Repo on Government securities or Treasury bills, cash & cash equivalents (0-5%)”

The riskometer for this scheme is Moderately to High

Also Read: Nippon India BeES Silver ETF

Name of Mutual FundNippon India Mutual Fund
Scheme NameNippon India Silver ETF Fund of Fund
About SchemeAn Open Ended Fund of Fund scheme investing in Nippon India BeES Silver ETF
Offer of UnitRs.10
Objectiveto provide returns that closely correspond to returns provided by Nippon India BeES Silver ETF by investing in units of Nippon India BeES Silver ETF
Name  of  Fund ManagerMr. Mehul Dama
This product is suitable for investors who are seeking Long term capital growth

Returns that are commensurate with the performance of Nippon India BeES Silver ETF through investment in securities of Nippon India BeES Silver ETF
The scheme asset allocation will beUnits of Nippon India BeES Silver ETF (95-100%)
Money Market Instruments* including Tri-Party Repo on Government securities or Treasury bills, cash & cash equivalents (0-5%)
RiskometerModerately to High
DRHPClick here

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