360 ONE Silver ETF NFO Deadline Extended to March 24

The New Fund Offer (NFO) period for the 360 ONE Silver ETF has been extended. The offer, which was earlier set to close on March 20, 2025, will now remain open for subscription until March 24, 2025. The extension gives investors 4 additional days to participate in the NFO.

Fund Details

The 360 ONE Silver ETF is an open-ended Exchange-Traded fund that falls under the Commodities – Silver category. It aims to provide returns that are in line with the performance of physical silver in domestic prices, subject to tracking error.

• Issue Opens: March 10, 2025
• Revised Issue Close: March 24, 2025
• Minimum Investment: ₹1,000
• Plans Available: Growth
• Exit Load: Nil
• Lock-in Period: None

Fund Management and Registrar

The scheme is managed by Rahul Khetawat. The Registrar and Transfer Agent for the fund is Computer Age Management Services Ltd. (CAMS). The Riskometer categorises this fund under the ‘Very High’ risk category.

Benchmark and Investment Approach

The ETF is benchmarked against the domestic prices of silver. The investment objective is to track the price of physical silver in India as closely as possible. The performance of the scheme may differ from the actual price movements of silver due to tracking error.

Other Details

The fund does not have a dividend option under this NFO and is only offered under the Growth plan. There are no exit charges if units are redeemed, and investors are free to enter or exit without a lock-in.

Conclusion 

The 360 ONE Silver ETF NFO, originally closing on March 20, will now close on March 24, 2025. It offers commodity-based exposure through silver and is available at a minimum investment of ₹1,000.

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 Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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