Nippon India Silver ETF Fund of Fund (FOF) Direct Reinvestment Inc Dist cum Cap Wdrl

Others
Direct
Sector - Precious Metals
Nippon India Silver ETF Fund of Fund (FOF) Direct Reinvestment Inc Dist cum Cap Wdrl

About the Fund

Nippon India Silver ETF Fund of Fund (FOF) Direct Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl has ₹336 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

Nippon India Silver ETF Fund of Fund (FOF) Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 15.02% since inception. Over the last 1 year the fund has given a CAGR return of 20.15%.

Holdings

Nippon India Silver ETF Fund of Fund (FOF) Direct Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent. Its top holdings are Nippon India Silver ETF

Taxation

As it is a sector - precious metals mutual fund the taxation is as follows:
Unknown asset type.

Investment objective of Nippon India Silver ETF Fund of Fund (FOF) Direct Reinvestment Inc Dist cum Cap Wdrl

The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by Nippon India Silver ETF by investing in units of Nippon India Silver ETF. However, there can be no assurance or guarantee that the investment objective of the Scheme willbe achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Nippon India Silver ETF Fund of Fund (FOF) Direct Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
19 people have invested ₹ 35.6K in Nippon India Silver ETF Fund of Fund (FOF) Direct Reinvestment Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio
Expense ratio
0.76%
Benchmark
Benchmark
Domestic Price of Silver
AUM
AUM
₹336 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
27.62%

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 2.6%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
100%

as on (31-May-24)

  • Equity

Holdings
Weight%
1M Change
Nippon India Silver ETF
Nippon India Silver ETF
99.88%
4.2%

Mehul Dama
Mehul Dama
Fund Manager of Nippon India Silver ETF Fund of Fund (FOF) Direct Reinvestment Inc Dist cum Cap Wdrl, since 2 February 2022

Nippon India Silver ETF Fund of Fund (FOF) Direct Reinvestment Inc Dist cum Cap Wdrl 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 15.02% since inception which is more than its category average return of 13.42%
AUM size ₹336 Cr

AUM size ₹336 Cr

This fund has AUM of ₹336 Cr which is less than its category average of ₹ 697 Cr
Expense Ratio 0.76%

Expense Ratio 0.76%

This fund has an expense ratio of 0.76% 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 Reinvestment Inc Dist cum Cap Wdrl is ₹13.92 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
Nippon India Silver ETF Fund of Fund (FOF) Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
4.26%
4.26%
6 Month Returns
18.47%
18.47%
1 Year Returns
20.15%
20.15%
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 May 2024
₹336 Cr as on May 2024
Mehul Dama is the fund manager of Nippon India Silver ETF Fund of Fund (FOF) Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Nippon India Silver ETF Fund of Fund (FOF) Direct Reinvestment Inc Dist cum Cap Wdrl is 1%