January 23, 2022
admin
NFO: Aditya Birla Sun Life Silver ETF
Aditya Birla Sunlife Mutual Fund has launched Aditya Birla Sun Life Silver ETF. It is an open-ended ETF scheme with the objective to to generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking error.
NFO will open on 13 January , 2022
NFO will close on 27 January , 2022
(Our Guidance is given at the bottom of the Page)
Investment Strategy
The investment objective of the scheme is to generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking error.
Basic Details of the Scheme:
Fund House: Aditya Birla Sun Life Mutual Fund
Issue Open: 13-Jan-2022
Issue Close: 27-Jan-2022
Category: Commodities: Silver
Type: Open-ended
Min. Investment Rs 500
Plans: Growth
Lock-in Period Not Applicable
Exit Load (%): 0
Riskometer: Moderately High
Benchmark: Domestic Price of SilverFund Manager
Fund Manager :
Lovelish Solanki
Education: He has done BMS and MMS in finance.
Experience: Prior to joining Aditya Birla Sun Life AMC Limited, he was Equity /Equity Derivatives – Trader at Union KBC Asset Management Co Limited since February 2011. Before that he worked at Edleweiss Asset Management Co. Ltd since January 2008.
AMC:
Aditya Birla Sun Life AMC Ltd.
Address:
One India Bulls Center – Tower 1, 17th Floor – Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai – 400013
Phone: 022-43568000 / 1800-270-7000 / 1800-22-7000
Fax: 022-43568110
Website: http://mutualfund.adityabirlacapital.com
Registrar & Transfer Agent:
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Phone: 1800-3010-6767 / 1800-419-7676
Fax: 044-30407101
Email: enq_h@camsonline.com
Website: www.camsonline.com
Study Presentation by Fund House
Chanakya’s Guidance:
Silver is a multi-use Commodity A precious metal, used in Telecom(5G), Electric Vehicles (EVs), Renewable Energy, Pharma, Space & more.
It has Strong Demand in Future. With Government push for cleaner energy resources like solar panels, EVs etc., its demand is expected to rise exponentially.
Silver is Hedge to your portfolio & acts as a potential hedge against inflation..
The Metal can provide Stable Performance throughout Market Cycles. Silver has provided reasonable returns through all phases of the economy.
Why should you invest in ABSL Silver ETF?
* Easy Liquidity
* safe & Secure
* No maintenance or Insurance Costs
* Portfolio Diversification
* No Storage Costs
* Convinience to buy in Small quantities
* 99.9%Purity
* No Wealth Tax
In order to diversify the Investments to other Assets Categories, ChanakyaMFGuidance suggests to invest in this NFO of with Investment Horizon of 3 to 5 years.
Mutual fund investments are subject to market risks, read all scheme related documents carefully.