Zerodha Fund House Launches Zerodha Silver ETF FoF
Zerodha Fund House announced the launch of its new scheme Zerodha Silver ETF FoF, an open-ended fund of fund scheme investing in units of Zerodha Silver ETF. The scheme opens for subscription on June 23rd 2025, and will close on July 4th 2025.
On the launch of the fund, Vishal Jain, CEO, Zerodha Fund House said, “Silver has the potential to play a role in both investment portfolios and modern industries. With demand accelerating in the renewable energy, electronics, and automotive sectors, alongside a global shift towards sustainability, it bodes well for silver’s long-term growth. Our Silver ETF FoF aims to provide investors with a simple and cost-effective way to invest in silver regularly through SIPs and diversify their portfolios.”
Zerodha Silver ETF FoF is a scheme with a passive investment strategy that will invest in units of the underlying Zerodha Silver ETF scheme. The investment objective of the scheme is to seek capital appreciation by investing in units of Zerodha Silver ETF, which tracks the performance of the domestic price of physical silver. The Zerodha Silver ETF FoF will allocate 95%–100% of its assets to units of the underlying Zerodha Silver ETF, while the remaining 0%–5% will be invested in debt securities and money market instruments.
Vaibhav Jalan, CBO, Zerodha Fund House commented, "As demand for silver continues to play a pivotal role in the growth of emerging technologies and the clean energy transition, our Silver ETF FoF provides investors an easy and effective way to take advantage of this.”
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