Nippon India Silver ETF Fund of Fund (FOF) Direct Growth
Others
Direct
Sector - Precious Metals
NAV: ₹ 12.79 as on 23-04-2024
Fund Performance
1674 people have invested ₹ 38.6L in Nippon India Silver ETF Fund of Fund (FOF) Direct Growth in the last three months
About the Nippon India Silver ETF Fund of Fund (FOF) Direct Growth
Nippon India Silver ETF Fund of Fund (FOF) Direct Growth is a hybrid fund. This fund was started on 2 February, 2022. The fund is managed by Mehul Dama. This fund gives you the benefit of diversification.
Key Parameters
- Nippon India Silver ETF Fund of Fund (FOF) Direct Growth has ₹243 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.8.
Nippon India Silver ETF Fund of Fund (FOF) Direct Growth Overview
 | 0.76% |
 Benchmark | Domestic Price of Silver |
 | ₹243 Cr |
 | 2 February, 2022 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 27.62% |
Nippon India Silver ETF Fund of Fund (FOF) Direct Growth Distribution as on (31-Dec-69)
Sector Allocation
Cash Equivalent
100%
Top Holdings of Nippon India Silver ETF Fund of Fund (FOF) Direct Growth as on (31-Mar-24)
Equity Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Nippon India Silver ETF | 99.75% | -1.5% |
Peer Analysis
Nippon India Silver ETF Fund of Fund (FOF) Direct Growth Fund Manager
Mehul Dama
Fund Manager of Nippon India Silver ETF Fund of Fund (FOF) Direct Growth, since 2 February 2022
Top funds managed
Nippon India Silver ETF Fund of Fund (FOF) Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 11.39% since inception which is less than its category average return of 11.41%
AUM size ₹243 Cr
This fund has AUM of ₹243 Cr which is less than its category average of ₹ 607 Cr
Expense Ratio 0.76%
This fund has an expense ratio of 0.76% which is more than its category average expense ratio of 0.53%
Frequently Asked Questions
The current NAV of Nippon India Silver ETF Fund of Fund (FOF) Direct Growth is ₹12.79 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Nippon India Silver ETF Fund of Fund (FOF) Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 8.37% | 8.37% |
6 Month Returns | 10.62% | 10.62% |
1 Year Returns | 6.04% | 6.04% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.76% as on March 2024
₹243 Cr as on March 2024
Mehul Dama is the fund manager of Nippon India Silver ETF Fund of Fund (FOF) Direct Growth
The Exit load of Nippon India Silver ETF Fund of Fund (FOF) Direct Growth is 1%