Mirae
Asset Silver ETF Fund of Fund..!
Mr. K P Venkatarama Krishnan, Viruksham Finmart Private Ltd
1️⃣
Fund Launch
- Mirae Asset Mutual Fund has launched a new scheme
called Mirae Asset Silver ETF Fund of Fund (FOF).
2️⃣ Fund Type
- It is an Open-ended Fund
of Fund.
3️⃣ Investment
Structure
- The scheme does not
invest directly in physical silver.
- Instead, it invests in the
units of Mirae Asset Silver ETF.
4️⃣ NFO
Period
- The New Fund Offer (NFO)
for this scheme is open until March 18, 2026.
5️⃣ Reopening
Date
- After the NFO period, the
scheme will reopen for subscriptions from March 25, 2026.
6️⃣ Minimum
Investment
- The minimum investment
during the NFO is ₹5,000.
7️⃣ Fund
Managers
- The scheme will be managed
by Ritesh Patel and Akshay Udeshi.
8️⃣ Nature
of Silver as an Asset
- Silver is traditionally
considered a precious metal that helps preserve value.
- At the same time, it also
has significant industrial applications.
9️⃣
Industries Using Silver
- Electronics
- Solar energy
- Electric vehicles (EVs)
- Various industrial
manufacturing sectors
🔟 Factors Influencing Silver Prices
- Global industrial demand
- Investment flows
- Currency fluctuations
- Interest rate cycles
- Mining production levels
- Geopolitical conditions
1️⃣1️⃣ Factors Increasing Silver Demand in India
- Rising investment interest
- Jewellery demand
- Growth in renewable energy
- Expansion of electronics
manufacturing
1️⃣2️⃣ Key Benefit
- Investors can gain
exposure to silver without buying or storing physical silver, through
a mutual fund structure.
1️⃣3️⃣ Transparency and Regulation
- Being a mutual fund product,
it offers better transparency and regulatory oversight.
1️⃣4️ Risk
Factor
- Commodity markets are highly
volatile, so silver investments can be affected by global economic
conditions.
For more details and investment..!
Mr. K P Venkatarama Krishnan,
Founder, Viruksham Finmart Private Ltd
Chennai
E - Mail:
kpvenkat02@gmail.com
Cell Number:
98410 34997
ARN 274361
Read articles written by Mr. K P Venkatarama
Krishnan in Nanayam Vikatan, a leading personal finance magazine. https://bit.ly/3TVQAHJ
Disclaimer: Mutual Fund investments are subject to market risks,
read all scheme related documents carefully. The past performance of the mutual
funds is not necessarily indicative of future performance of the schemes.
