Tata MF introduces Silver Exchange Traded Fund
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Tata Mutual Fund (MF) has launched Tata Silver Exchange Traded Fund, an Open-Ended Exchange Traded Fund replicating / tracking domestic price of Silver. The NFO opens for subscription on January 02, 2024 and closes on January 09, 2024. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 100 and in multiples of Re 1 thereafter.
The performance of the scheme will be benchmarked against Domestic price of silver and its fund manager is Tapan Patel.
The investment objective of the fund is to generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking error
