MUTUAL FUNDS
Aditya Birla Sun Life MF introduces Silver EFT
Jan-13-2022

Aditya Birla Sun Life Mutual Fund (MF) has launched the Aditya Birla Sun Life Silver ETF, an open-ended exchange traded fund tracking physical price of Silver. The NFO opens for subscription on January 13, 2022 and closes on January 27, 2022. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 500 and in multiples of 1 thereafter.

The performance of the scheme will be benchmarked against the price of silver (based on LBMA Silver daily spot fixing price) and its fund managers are Lovelish Solanki & Kedarnath Mirajkar.

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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