Invest Empires's video: ICICI Prudential Silver ETF Benefits Of investing In Silver ETF s What Are Silver Exchange TradeFund

ICICI Prudential Silver ETF|Benefits Of investing In Silver ETF's|What Are Silver Exchange TradeFund @ICICI Prudential Mutual Fund 's ICICI Prudential Silver Exchange Traded Fund... The new fund offer (NFO) is open for subscription from January 5 and concludes on January 19. The ICICI Prudential Silver ETF is an open-ended scheme that will track the domestic prices of silver. The new fund offer (NFO) is open for subscription from January 5 and concludes on January 19. Asset management company ICICI Prudential Mutual Fund has launched the country's first silver ETF that will invest in physical silver and silver-related instruments. The new fund offer (NFO) is open for subscription from January 5 and concludes on January 19. What is the scheme about? The silver ETF will track the investment returns of its underlying silver holdings. SEBI rules require silver ETF to hold silver having 99.9 percent purity. Mutual funds are required to value silver in accordance with the London Bullion Market Association (LBMA) standards. Mutual Fund Investments Are Subject To Market Risk,Read All Scheme Related Documents Carefully..... This comes after Sebi in November issued operating norms for the introduction of silver ETFs. Under the rules, these ETFs have to invest at least 95 percent of their net assets in silver and silver-related instruments. The ICICI Prudential Silver ETF is an open-ended scheme that will track the domestic prices of silver.