SBI Mutual Fund launches SBI Silver ETF

NFO period: 24^th June – 27^th june, 2024

Highlights of the NFO:

• Scheme type – An open-ended Exchange Traded Fund tracking 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. However, there is no guarantee or assurance that the investment objective of the scheme would be achieved.


• Product suitability – The product is suitable for investors who are seeking Long Term Wealth Creation by investing returns that track domestic prices of Silver, subject to tracking error.


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


• Plan/ Options available – The scheme does not offer any Plans/Options for investment.


• Fund Manager – Ms. Vandna Soni


• Benchmark – SBI Silver ETF