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Friday, January 7, 2022

NFO Review | ICICI Prudential Silver ETF | Nivesh Gyan | Jignesh Parmar

 

ICICI PRUDENTIAL SILVER ETF

 

(An open-ended scheme replicating/tracking Domestic Price of Silver)

 

New Fund Offer Opens on: January 05, 2022

New Fund Offer Closes on: January 19, 2022





 

TYPE OF THE SCHEME

An open-ended scheme replicating/tracking Domestic Price of Silver.

 

 

 WHAT IS THE INVESTMENT OBJECTIVE OF THE SCHEME?

The investment objective of the Scheme is to generate returns that are in line with the

Performance of physical silver in domestic prices, subject to tracking error.

There can be no assurance or guarantee that the investment objective of the plan will be

Achieved.

 

SCHEME BENCHMARK: price of silver (based on LBMA Silver daily spot fixing price).

 

WHO MANAGES THE SCHEME?

 

Mr. Gaurav Chikane is the dedicated Fund Manager of the Scheme.

 

LOADS:

Entry Load: Not Applicable.

Exit Load: Nil

 

MINIMUM APPLICATION AMOUNT (DURING NFO)

Minimum of Rs 100/- plus in multiples of Re 1

 

This Product is suitable for investors who are seeking

· Investment returns that closely track domestic pricesof Silver, subject to tracking error.

· Aiming for diversification of investment portfolio.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for

them.

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 Mutual funds investments are subject to market risk, read all scheme related documents before investing in mutual funds.

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Regards,

Team Nivesh Gyan

 

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