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Mirae Asset MF Introduces New Silver ETF Fund of Fund
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Mirae Asset Launches Silver ETF Fund of Fund; NFO Open March 5-18
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CNBC TV18
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05-03-2026, 11:56
Mirae Asset Launches Silver ETF Fund of Fund; NFO Open March 5-18
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Mirae Asset Investment Managers (India) launched the Mirae Asset Silver ETF Fund of Fund (FOF), an open-ended mutual fund.
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The New Fund Offer (NFO) is open from March 5 to March 18, with the scheme reopening on March 25.
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Minimum investment during NFO is ₹5,000; managed by Ritesh Patel and Akshay Udeshi.
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Provides investors exposure to silver via mutual fund, avoiding physical holding; silver is both a precious and industrial metal.
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Global and Indian demand for silver is driven by industrial use, investment, jewellery, and renewable energy sectors.
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