Nippon India Silver ETF Fund of Fund (FOF) Direct Growth
Nippon India Silver ETF Fund of Fund (FOF) Direct Growth

Nippon India Silver ETF Fund of Fund (FOF) Direct Growth

Others
Direct
Sector - Precious Metals

NAV: ₹ 11.2 as on 03-02-2023

Fund Performance
zero opening, trading, fund transfer fee
803 people have invested ₹ 11.5L in mutual fund in the last three months

Fund Insights

Insights icon

In the last 1 year, SBI Gold Fund Direct Plan Growth has given 19.26% return, outperforming this fund by 7.62%

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
This Fund
0.3%
20.8%
20.9%
11.6%
Benchmark
1.9%
17.5%
13.8%
18.3%
About the Fund

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

1) Nippon India Silver ETF Fund of Fund (FOF) Direct Growth has a NAV of 11.1643 as on 03-02-2023.

2) Nippon India Silver ETF Fund of Fund (FOF) Direct Growth has 191 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 0.64 %.

Fund Overview

Expense ratio
Expense ratio
0.64%
Benchmark
Benchmark
Domestic Price of Silver
AUM
AUM
₹191 Cr
Inception Date
Inception Date
2 February, 2022
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
1.03%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 2.9%

Sector Allocation

Dec'22

Nov'22

Oct'22

Cash Equivalent

100%

Top Holdings as on (31-Dec-69)

  • Equity
Equity Holdings1
Holdings
Weight%
Holdings Trend
1M Change
Nippon India Silver ETF
Nippon India Silver ETF
100.05%
-9.4%

Fund Manager

Mehul Dama

Mehul Dama

Fund Manager of Nippon India Silver ETF Fund of Fund (FOF) Direct Growth, since 2 February 2022

AMC details

Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹2.28L Cr
as on 31-Dec-2022
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Email
customercare@nipponindiaim.in

Fund Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 11.62% since inception which is more than its category average return of 9.93%
AUM size ₹191 Cr

AUM size ₹191 Cr

This fund has AUM of ₹191 Cr which is less than its category average of ₹ 563 Cr
Expense Ratio 0.64%

Expense Ratio 0.64%

This fund has an expense ratio of 0.64% which is more than its category average expense ratio of 0.55%

Frequently Asked Questions

The current NAV of Nippon India Silver ETF Fund of Fund (FOF) Direct Growth is 11.16 as on 03-Feb-2023.
Existing (Absolute + CAGR)
Nippon India Silver ETF Fund of Fund (FOF) Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.3%
0.3%
6 Month Returns
20.89%
20.89%
1 Year Returns
11.64%
11.64%
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.
0.64 as on January 2023
191 Cr as on January 2023
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%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.