Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Silver ETF FOF

NFO period: 13^th January – 27^th January, 2022

Highlights of the NFO:

• Scheme type – An open ended fund of fund scheme investing in the units of Aditya Birla Sun Life Silver ETF


• Investment objective – The investment objective of the scheme is to provide returns similar to the returns generated by Aditya Birla Sun Life Silver ETF. The scheme does not guarantee/indicate any returns. There can be no assurance that the objective of the scheme will be achieved.


• Product suitability – The product is suitable for investors who are seeking investors seeking returns that are in line with the performance of Aditya Birla Sun Life Silver ETF over the long term by investing in the units of Aditya Birla Sun Life Silver ETF, which in turn invests in physical silver of 99.9% purity (fineness).


• Minimum Application Amount – First investment is Rs. 100/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Payout of Income Distribution cum capital withdrawal (“IDCW”) Option.


• Fund Manager – Mr. Lovelish Solanki & Mr. Kedarnath Mirajkar


• Benchmark – Price of silver (based on LBMA Silver daily spot fixing price)