MUTUAL FUNDS
Mirae Asset Mutual Fund files offer document for Silver ETF FOF
Jan-29-2026
Mirae Asset Mutual Fund has filed offer document with SEBI to launch an open-ended fund of fund scheme named ‘Mirae Asset Silver ETF FOF'. The New Fund Offer price for units would be Rs 10 during the NFO. Entry load will be nil and Exit load -If redeemed or switched out within 15 calendar days from the date of allotment will be 0.05%; If redeemed or switched out after 15 days from date of allotment will be Nil. The Scheme offers growth and IDCW option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance will be benchmarked against Domestic Price of Physical Silver (based on London   Bullion Market association (LBMA) Silver daily spot fixing price). The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to generate returns that are in line with the performance of physical silver in domestic prices.

  RELATED NEWS >>