Edelweiss Mutual Fund launches Edelweiss Gold and Silver ETF FOF

NFO period: 24^th August – 07^th September, 2022

Highlights of the NFO:

• Scheme type – An open-ended fund of funds scheme investing in units of Gold ETF and Silver ETF


• Investment objective – The investment objective of the scheme is to generate returns by investing in units of Gold ETFs and Silver ETFs. However, the performance of the scheme may differ from that of the underlying gold and silver due to tracking error of the underlying exchange traded funds. There can be no assurance or guarantee that the investment objective of the plan will be achieved.


• Product suitability – The product is suitable for investors who are seeking long term capital appreciation by investing in an open-ended fund of funds scheme investing in units of Gold ETFs and Silver ETFs.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiple of Rs. 1/- thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option. IDCW Option shall have Reinvestment, Payout & Transfer Facility.


• Fund Managers – Mr. Bhavesh Jain & Mr. Bharat Lahoti


• Benchmark – LBMA Prices