Investment Objective
Nippon India Silver ETF seeks to generate returns that closely mirror the performance of physical silver in domestic prices, before expenses and subject to tracking errors.
Investment Strategies
- Nippon India Silver ETF is a passively managed exchange-traded fund, which aims to generate returns equivalent to its benchmark by investing in a mix of physical silver, instruments related to silver, money market instruments and cash & cash equivalents.
- It is an open-ended exchange traded fund, meaning investors can buy and sell units through the stock exchange.
- The fund’s strategy involves investing exclusively in physical silver, which meets the high purity standard of 99.9% (or 999 parts per 1000).
- The overall aim of the ETF’s portfolio is to deliver returns that closely match that of physical silver.
Who Should Invest
Nippon India Silver ETF is a suitable investment scheme for:
- Investors who are seeking portfolio diversification through asset allocation to silver
- Investors seeking an investment tool that mirror the returns generated by physical silver