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2025-09-17 04:59:31 pm | Source: Accord Fintech
Bandhan Mutual Fund files offer document for Silver ETF
Bandhan Mutual Fund files offer document for Silver ETF

Bandhan Mutual Fund has filed offer document with SEBI to launch an open-ended   scheme named ‘Bandhan Silver ETF’. The New Fund Offer price for units would be Rs 10 price per unit as on the date of allotment. Entry load and Exit load will be nil. The Scheme does not offer any Plans/Options for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance of the scheme will be benchmarked against Domestic Price of Physical Silver. The minimum application amount is Rs 1000 and in multiples of Rs 1000 thereafter.

The investment objective of the scheme is to generate returns corresponding to the Domestic Price of Silver before expenses, subject to tracking errors, fees, and expenses by investing in Physical Silver.

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