Aditya Birla Sun Life Silver ETF FoF NFO

 

Aditya Birla Sun Life Silver ETF Fund of Fund

(An open ended fund of fund scheme investing in Aditya Birla Sun Life Silver ETF)

(NFO opens for subscription from 13th Jan to 27th Jan 2022) 

With the growing demand of silver in the future Aditya Birla Mutual Fund has launched its New Fund Offer which will give you the opportunity to invest in the white metal with as low as Rs100 along with the silver ETF. Aditya Birla Sun Life  Silver ETF Fund of Fund  scheme will invest in Aditya Birla Sun Life Silver ETF which in turn invest in physical silver of  99.99% purity . Major benefit of investing in fund of fund scheme is that you do not required a demat account.

Silver as a metal serves many purposes in our daily life, it has a wide range of valuable industrial and artistic purposes. We use it  as ornament , it is widely  used  in electronics, automobile industry and also in medicine.  We use silver as utensils  for making dolls etc. We probably encounter silver almost everyday. Silver is now become a part of our daily life.

Due to its unique quality and multiple uses is considered to be a safe investment during economic and political uncertainties .This white colored metal is also treated as best hedge against inflation as well.

Silver and its Technological importance

As we know that silver  plays a major role in technology as a versatile metal. Silver is now a vital component in three major net worthy innovations.

Use of Silver in three major areas.

1 - In Electric Vehicles

Silver is the best conductor of electricity, hence it is widely used in electric vehicles, Its been a part of automotive industry since long. Silver plays a major role in electric vehicle manufacturing its is used for integrated circuits, airbag, deployment systems, automotive braking, automobile glass etc.

2 - Used in  Solar Photovoltaic System

As we know that silver reflects upto 95% of the visible light spectrum , hence it is used for making the photovoltaic system. Due to Government's green energy initiative , silver is in high demand in India. Global silver demand is also very high ,which indicates  the potential for silver in the coming years.

3 - Use in 5G Technology

Silver is a vital part of  5G technology, It is used in semiconductors, memory chips, cabling and many other parts.

Major Benefits of Silver

1- Silver is a multipurpose commodity , which is used in different purposes. Silver is a precious metal which is widely used in  Telecom (5G), Electric Vehicles(EV), Renewable energy, pharma space and more.

2 - Silver has a strong demand and likely to increase in future with the govt. push for clean energy resources like solar panels, EVs etc.

3- Silver can be used as a hedge against inflation.

4 - It provides reasonable returns through all phases of economy.

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Fund Facts

- Aditya Birla Sun Life Silver ETF Fund of  Fund is an open ended fund of fund  scheme investing in units of Aditya Birla Sun Life silver ETF. 

- Fund manager of this fund is Mr Lovelish Solanki, Mr Kedarnath Mirajkar

- To provide returns similar to the returns generated by the Aditya Birla Sun Life silver ETF

- major benefit of investing in fund of fund scheme is without the need for a demand account.-

- Minimum investment in this fund is Rs100

only and in multiples of Re1 thereafter.

- Systematic investment Plan is also available in this fund.

- Investment Objective - The investment objective of the  scheme is to provide returns similar to the  returns generated by Aditya Birla Sun Life ETF.

- Exit Load -  For redemption/switch out of units on or before 30 days from the date of allotment:0.5% of applicable NAV.

- Benchmark - Price of silver (based on LVMA silver daily spot fixing price).

Product Labelling

Aditya Birla Sun Life Silver ETF Fund of  Fund is suitable for investors who are seeking

- Returns that are in line with the performance of  Aditya Birla Sun Life Silver ETF over the long term.

- Investments in the units  of Aditya Birla Sun Life Silver ETF , which in turn invests in physical silver of 99.9% purity(fineness).

*Investors should consult their financial advisors if in doubt whether the product is suitable for them.

Disclaimer :- Mutual fund investments are subject to market risks , read all scheme related documents carefully.