NFO Alert: Quant Mutual Fund Launches Quant Silver ETF Fund of Fund

Quant Mutual Fund has opened the New Fund Offer (NFO) of its Quant Silver ETF Fund of Fund on November 4, 2026. Th e offer will close on November 6, 2026. The scheme has a face value of ₹10 per unit and falls under the Fund of Funds – Silver category. 

The scheme will invest in units of the Quant Silver Exchange Traded Fund (ETF). It is classified under the hybrid asset class and follows the growth option.  

The minimum investment during the NFO period is ₹5,000, while the minimum amount for a Systematic Investment Plan (SIP) is ₹1,000. 

Investment Objective 

The scheme's objective is to provide long-term capital appreciation through investments in units of the Quant Silver ETF. Its performance will therefore be linked to the underlying ETF, which tracks silver. 

As a fund of funds, the scheme will invest in units of another mutual fund scheme instead of directly investing in silver. The fund house has stated that there is no assurance that the investment objective will be achieved. 

Exit Load and Risk Level 

The Quant Silver ETF FoF has no exit load. Investors redeeming their units will not be charged an exit load by the scheme, as per the details provided in the NFO information. 

The scheme is classified as having a 'Very High' risk level on the risk-o-meter. This reflects the risks associated with its underlying investment in silver through the Exchange Traded Fund (ETF).  

The value of the investment will be subject to changes in the underlying asset's market price. 

Fund Manager 

Sameer Kate has been appointed as the fund manager of the Quant Silver ETF FoF. The scheme is managed by Quant Mutual Fund. 

Read More: PFRDA Revises NPS Scheme Naming Format and Clarifies Display Rules for PoP Platforms! 

Conclusion 

The New Fund Offer (NFO) will remain open for subscription for three days, from November 4 to November 6, 2026. The scheme has a minimum investment requirement of ₹5,000 and carries a 'Very High' risk classification. 

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 are subject to market risks, read all the related documents carefully before investing.