Mirae Asset Silver ETF FOF NFO minimum investment
The minimum investment during the NFO period will be Rs 5,000 and in multiples of Rs 1 thereof. The scheme will be managed by Ritesh Patel and Akshay Udeshi.
Silver plays a dual role as both a precious and an industrial metal. While it is traditionally viewed as a store of value, its growing usage across sectors such as electronics, solar energy, electric vehicles and industrial applications links its demand to global economic activity and technological advancements, the fund house said in a press release.
The silver market enters 2026 amid evolving global dynamics. Prices are influenced by factors such as global industrial demand, investment flows, currency movements, interest rate cycles, mine supply trends and geopolitical developments. Domestically, demand is driven by investment interest, jewellery consumption and increasing adoption in renewable energy and electronics manufacturing, it added.
“The launch of Mirae Asset Silver ETF FOF provides investors with an efficient way to participate in silver through a structured mutual fund route,” said Siddharth Srivastava, Head – ETF Product & Fund Manager, Mirae Asset Investment Managers (India) Private Limited.
“Silver’s unique positioning as both an industrial input and a precious metal means its performance may be influenced by global growth trends, technological adoption and macroeconomic factors. Investors should be mindful that commodity prices may be volatile and influenced by global developments,” Srivastava said.
Mirae Asset Silver ETF FOF NFO: Investment Objective
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Silver ETF. There is no assurance that the investment objective of the scheme will be realized, the fund house stated.
Mirae Asset Silver ETF FOF NFO: Risk Assessment
The risk level for both the scheme and its benchmark is classified as ‘Very High’.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
