March 8, 2025
mayank
Zerodha Silver ETF details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Zerodha Silver ETF Open Date, Close Date?
NFO opens on March 10, 2025
NFO will close on March 18, 2025
Investment Strategy for this NFO?
The scheme seeks to generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking error.
Basic Details
| Fund House | Zerodha Mutual Fund |
| Issue Open | 10 March 2025 |
| Issue Close | 18 March 2025 |
| Type | Open-ended |
| Category | Commodities: Silver |
| Min. Investment(Rs) | 1,000 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | Domestic Price of Silver |
About Benchmark Index for this NFO?
Silver has been used for thousands of years for ornaments and utensils, trade, and as the basis for many monetary systems. Its value as a precious metal was long considered second only to gold. Silver is a brilliant grey-white metal that is soft and malleable. Its unique properties include its strength, malleability, ductility, electrical and thermal conductivity, sensitivity, high reflectance of light, and reactivity.
India is not a major silver exporter in pure form, although it exports silver jewellery. In terms of mine production, India is ranked 14th and is ranked third in terms of demand and imports. India imports Silver (unwrought or semi-manufactured) from countries such as China, United Kingdom, Russian Federation, Germany and Rep of Korea, while it exports silver jewellery to countries such as US, Hong Kong, UAE.
The major countries producing Silver are Mexico, Peru, China, Chile and Russia. Major consuming countries are United States, China, India, Japan and Russia. Major Silver exporting countries are Mexico, Rep of Korea, Canada, China and Hong Kong.
The market participants engaged in import, exports, domestic trading, and manufacturing of silver and silver jewelleries are exposed to price risk. Commodity derivatives product provide an effective hedging tool much to the advantage of market participants.
Fund Managers of Zerodha Silver ETF
1) Kedarnath Mirajkar
Education: Mr. Mirajkar has done PGDBM (Finance)
Experience: Prior to joining Zerodha Mutual Fund, he has worked with ABSL AMC, HDFC Bank as a Deupty Manager, Bombay Dyeing as a Finance Executive. He has over 10 years of experience in the Mutual Fund Industry.
2) Shyam Agarwal
Education: Mr. Agarwal has done B.Com
Experience: Prior to joining Zerodha Mutual Fund, he has worked with Smallcase, True Beacon, Xavierian Debating Society, The Economic Transcript
AMC
Zerodha Asset Management Private Ltd.
Address: 153/154, 4th Cross, J.P Nagar 4th Phase, Opp. Clarence Public School, Bengaluru – 560078
Website: http://www.zerodhafundhouse.com
Registrar & Transfer Agent
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Review for Zerodha Silver ETF @sahifund.com by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of Domestic Price of Silver
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | – | – | – | – | – |
| Total Return | – | – | – | – | – |
| Years | Since Inception | ||
| Std. Deviation * | – | – | – |
| Beta (NIFTY 50) | – | – | – |
| Correlation (NIFTY 50) | – | – | – |
Fundamentals
| P/E | P/B | Dividend Yield |
| – | – | – |
Note on Benchmark Performance:
X
[ B ] Performance Review of the Fund Managers of this NF
Past Performance of Kedarnath Mirajkar
| Fund | Zerodha Nifty Midcap 150 ETF | It’s Benchmark | Zerodha Nifty Large Midcap 250 Index Fund | It’s Benchmark |
| 1 Year | — | — | 1.75 | 0.58 |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 08-3-2025
Past Performance of Shyam Agarwal
| Fund | Zerodha Gold ETF FoF | It’s Benchmark | Zerodha Gold ETF | It’s Benchmark |
| 1 Year | — | — | 30.51 | 33.50 |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 08-3-2025
Note on Fund Managers’ performance
X
[ C ] Conclusion
Is it good to invest in Zerodha Silver ETF NFO?
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