Mirae Asset Silver ETF Fund of Fund Opens on March 5, 2026: Minimum Investment of ₹5,000

Mirae Asset Investment Managers (India) has introduced the Mirae Asset Silver ETF Fund of Fund (FOF), an open-ended mutual fund that invests primarily in units of the Mirae Asset Silver ETF. The New Fund Offer (NFO) is live from March 5 to March 18, with the scheme reopening for subscription from March 25.

Mirae Asset Silver ETF FoF Details

Investors can start with a minimum investment of ₹5,000 during the NFO, with additional investments accepted in multiples of ₹1. The fund will be managed by Ritesh Patel and Akshay Udeshi, offering a convenient route for gaining exposure to silver without holding the physical metal directly.

Silver is unique in its dual role as a precious and industrial metal. Beyond being a traditional store of value, it is widely used in electronics, solar energy, electric vehicles, and other manufacturing sectors, making its demand closely linked to global economic trends and technological adoption.

Outlook for Silver Prices

Global silver prices in 2026 are expected to respond to a mix of industrial demand, investment flows, currency fluctuations, interest rate cycles, mining supply, and geopolitical events. In India, the demand is driven by investment appetite, jewellery consumption, and growing use in renewable energy and electronics manufacturing.

Siddharth Srivastava, Head – ETF Product & Fund Manager at Mirae Asset Investment Managers, highlighted that the fund offers a structured and convenient way for investors to gain exposure to silver. However, he cautioned that commodity prices are inherently volatile and influenced by global developments.

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The FOF structure allows investors to participate in silver’s performance while staying within the regulatory framework of mutual funds. Investors should be aware that the scheme may incur both its own costs and those of the underlying ETF.

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.

Mutual fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.