HDFC Mutual Fund launches it’s New Fund Offer “HDFC Silver ETF”. This NFO is an addition to HDFC Mutual Fund’s Index Solutions. The Fund will offer investors with the opportunity to increase diversification of their portfolios by investing in assets with a distinct risk-return ratio. Details of HDFC Silver ETF NFO is below :
NFO Period: 18th August 2022 – 26th August 2022.
Scheme Type: It is an open-ended Exchange Traded Fund (ETF) which will track & replicate the performance of Silver.
Objective: Scheme aims invest in such way that it produces yields that are in line to the price of silver at domestic markets. Scheme allows investors to invest in silver in digital form as it is secure and convenient there by allowing trade during market hours. Scheme suggests to stay invested for more than 3 years.
Investment options: Presently Scheme does not offer any Plans/Options for investment.
Entry load: Nil
Exit load: Nil
Fund Benchmark: Domestic prices physical silver.
Risk-o-meter: Very High
Note: Mutual fund investments are subject to market risks, read all scheme related documents carefully.
