Kotak Mahindra Mutual Fund launches Kotak Silver ETF Fund of Fund

NFO period: 13^th March – 27^th March, 2023

Highlights of the NFO:

• Scheme type – An open ended fund of fund scheme investing in units of Kotak Silver ETF


• Investment objective – The investment objective of the scheme is to generate returns by investing in units of Kotak Silver ETF. However, there can be no assurance that the investment objective of the scheme will be realized.


• Product suitability – The product is suitable for investors who are seeking long-term capital appreciation. An open-ended Fund of Funds scheme with the primary objective of generating returns by investing in units of Kotak Silver ETF.


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


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


• Fund Managers – Mr. Jeetu Valechha Sonar and Mr. Abhishek Bisen


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