360 ONE Mutual Fund has launched the 360 ONE Silver ETF, an open-ended Exchange-Traded Fund (ETF) that aims to generate returns in line with domestic silver prices, subject to tracking error. The New Fund Offer (NFO) is open from March 10, 2025, to March 20, 2025.
The New Fund Offer (NFO) details are as follows:
The fund is managed by Rahul Khetawat. The Registrar & Transfer Agent for the scheme is Computer Age Management Services Ltd. (CAMS).
The scheme is to track the price movement of physical silver in India. It does not invest in equities or other commodities, focusing solely on silver. However, like all commodity ETFs, performance may be affected by factors such as market liquidity, storage costs, and tracking error.
The NFO is available for subscription for a limited period. Investors can enter the fund with a minimum investment of ₹1,000. There is no exit load, allowing investors to redeem units without additional charges.
Silver is a widely traded commodity, used in industrial applications, jewelry, and investment markets. The price of silver can fluctuate based on global supply-demand factors, currency movements, and economic conditions. This ETF offers an alternative to physical silver investment, eliminating storage concerns.
The fund tracks the domestic price of silver, and returns may vary due to tracking error. Being a commodity-based ETF, it falls under the very high-risk category. Investors should assess market conditions and price volatility before considering an investment.
Want to plan regular withdrawals? Our SWP Calculator helps you calculate how much you can withdraw while keeping your investments intact. Try it now!
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.
Published on: Mar 10, 2025, 2:49 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates