New Fund Offer

Nippon India Mutual Fund

Nippon India Silver ETF FOF (G)

13-Jan-2022

27-Jan-2022

Himanshu Mange

100

The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by Nippon India Silver ETF by investing in units of Nippon India Silver ETF. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Domestic Price of Silver (based on LBMA Silver daily spot fixing price)

Units of Nippon India Silver ETF : 95% - 100%
Money Market Instruments* including Tri-Party Repo on Government securities or Treasury bills, cash & cash equivalents : 0% - 5%

Nil

1.00% - If redeemed or switched out on or before completion of 15 days from the date of allotment of units. Nil - If redeemed or switched out after the completion of 15 days from the date of allotment of units.

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