Tata Mutual Fund launches Tata Silver Exchange Traded Fund

NFO period: 02^nd January – 09^th January, 2024

Highlights of the NFO:

• Scheme type – An open-ended exchange traded fund replicating / tracking domestic price of silver


• Investment objective – The investment objective of the fund 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 assurance or guarantee that the investment objective of the scheme will be achieved.


• Product suitability – This product is suitable for investors who are seeking returns that are in line with the performance of physical silver in domestic prices, subject to tracking error by investing in silver and silver-related instruments.


• Minimum Application Amount – First investment is Rs. 100/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Not available.


• Fund Managers – Mr. Tapan Patel


• Benchmark – Domestic price of silver