SBI Mutual Fund Launched SBI Silver ETF Fund of Fund

SBI Silver ETF Fund of Fund is a mutual fund offered by SBI Mutual Fund. The investment objective of the scheme is to seek to provide returns that closely correspond to returns provided by SBI Silver ETF, however, there can be no assurance of this. It is an open-ended fund categorized as Other Scheme – FoF Domestic. The new fund launch date is June 27, 2024, and the new fund offer closure date is July 5, 2024. The minimum subscription amount is Rs 5,000.

Investment Objective

The investment objective of the SBI Silver ETF Fund of Fund is to seek to provide returns that closely correspond to returns provided by SBI Silver ETF. However, there can be no assurance that the investment objective of the Scheme will be realized.

This NFO of SBI Silver ETF FoF is suitable for investors who are seeking long Term Wealth Creation and investment returns that track domestic prices of Silver, subject to tracking error

Risk-o-meter:

Funds Allocation

Benchmark

The performance of the SBI Silver ETF will be benchmarked to the performance of the price of Silver.

Fund Managers

Ms. Vandna Soni Ms. Vandna Soni, aged 37, has been managing the scheme since its inception. With an MBA, she joined SBIFML in December 2021 as an Equity Research Analyst. Her role involves tracking commodities and related sectors, including Cement, Metal, Oil, and Gas. She brings a decade of experience in financial services to her current position.

Peer Mutual Fund Schemes 

Data as of June 26, 2024

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.