Tata Mutual Fund launches Tata Silver Exchange Traded Fund

Tata Mutual Fund announced the launch of the Tata Silver Exchange Traded Fund.

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The scheme opened for public subscription on January 02, 2024, and will close on January 09, 2024.

Source: Silver

The scheme re-opens for continuous sale and repurchase from January 17, 2024.

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This is an open-ended exchange-traded fund scheme replicating/tracking the domestic price of silver.

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The investment objective of the fund is to generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking error.

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Investors can invest under the scheme with a minimum investment of ₹100 per plan/option and in multiples of Re 1. There is no upper limit for investment.

Source: X Photo