MUTUAL FUNDS
Union Mutual Fund files offer document for Silver ETF
Dec-10-2025

Union Mutual Fund has filed offer document with SEBI to launch an open ended scheme named ‘Union Silver ETF’. The New Fund Offer price for units would be Re 1 each during the New Fund Offer Period. Entry load and Exit load will be nil. The Scheme offers no plan or option for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance of the scheme will be benchmarked against physical silver. The minimum application amount is Rs 1000 and in multiples of Re. 1 thereafter.

The investment objective of the scheme is to generate returns that are in line with the performance of physical silver in domestic prices.

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