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Edelweiss Mutual Fund announced the launch of the Edelweiss Silver ETF. The scheme opened for public subscription on November 16, 2023, and will close on November 20, 2023.
The scheme will be benchmarked against 65% S&P BSE 200 TRI + 15% CRISIL Short Term Bond Fund Index + 20% iCOMDEX Composite Index. The scheme will be managed by Sandeep Tandon, Anikt Pande, Sanjeev Sharma, and Vasav Sahgal.
business bureausilver exchange-traded funds (etfs) are becoming popular among investors as the newly-created investment class has attained an asset base of nearly rs 1,800 crore till march 2023 within one and half years of the introducti
Investing in Silver ETFs is easier and safer than buying it in its physical form, providing easy liquidity and the flexibility to invest in smaller quantities. Furthermore, it offers lower transaction costs than physical silver while delivering the market equivalent price of the metal
These NFOs (new fund offers) are providing an opportunity to the investors to digitally invest and own silver which is easily tradable during market hours. Get more Markets News and Business News on Zee Business.