Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Silver ETF

NFO period: 13^th January – 27^th January, 2022

Highlights of the NFO:

• Scheme type – An open ended exchange traded fund tracking physical price of Silver


• Investment objective – The investment objective of the scheme is to generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking error. The scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved.


• Product suitability – The product is suitable for investors who are seeking investors seeking returns that are in line with the performance of silver over the long term, subject to tracking errors by investing in physical silver of 99.9% purity (fineness).


• Minimum Application Amount – First investment is Rs. 500/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Currently, there are no plans/ options under the scheme.


• Fund Manager – Mr. Lovelish Solanki & Mr. Kedarnath Mirajkar


• Benchmark – Price of silver (based on LBMA Silver daily spot fixing price)