HDFC Mutual Fund launches HDFC Silver ETF Fund of Fund

NFO period: 07^th October – 21^st October, 2022

Highlights of the NFO:

• Scheme type – An open ended Fund of Fund scheme investing in HDFC Silver ETF (ETF)


• Investment objective – To seek capital appreciation by investing in units of HDFC Silver ETF (HSETF). There is no assurance that the investment objective of the scheme will be realized.


• Product suitability – The product is suitable for investors who are seeking capital appreciation over long term by investing in Units of HDFC Silver ETF (HSETF). HSETF invests in Silver and Silver related instruments.


• Minimum Application Amount – First investment is Rs. 100/- and any amount thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option only.


• Fund Managers – Mr. Krishan Kumar Daga


• Benchmark – Domestic Prices of physical Silver (based on LBMA Silver daily spot fixing price)