MUTUAL FUNDS
DSP Mutual Fund files offer document for Silver ETF Fund of Fund
Mar-27-2025
DSP Mutual Fund has filed offer document with SEBI to launch an open-ended fund of fund scheme named ‘DSP Silver ETF Fund of Fund ‘. The New Fund Offer price for units would be Rs 10 during the NFO period. Entry load and Exit load will be nil. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked against Domestic Price of Physical Silver. The minimum application amount is Rs 100 and any amount thereafter.

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.

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