October 3, 2022
Features of Axis Silver ETF, Axis Silver Fund of Funds  Axis Mutual Fund, NFO: If you are thinking of a new option for investment, then Axis Mutual Fund has brought two new investment schemes for you. From September 2 to September 15

Axis Mutual Fund launched 2 new schemes: Features of Axis Silver ETF, Axis Silver Fund of Funds 
Axis Mutual Fund, NFO: If you are thinking of a new option for investment, then Axis Mutual Fund has brought two new investment schemes for you. From September 2 to September 15, investors will be able to invest in both these schemes, named Axis Silver ETF and Axis Silver Fund of Funds.

Axis Silver ETF Scheme is an open-ended scheme tracking the domestic price of silver, whereas Axis Silver Fund of Fund Scheme is an open-ended fund scheme investing in the same units of Axis Silver ETF. 
You can invest with just Rs 500.

 
In a statement issued by Axis MF, it has been said that Prateek Tibrewal will act as the manager of Axis Silver ETF. Investors can invest a minimum of Rs 500 in this scheme. At the same time, the responsibility of managing Axis Silver FoF has been given to Aditya Pagaria. In this scheme also, the minimum application amount has been kept at Rs. 500.

Silver is a better option for future investment. 
Chandresh Nigam, MD & CEO, Axis AMC, said, “Silver can be a better option for future investment. Because silver is an industrial commodity as well as a precious metal, Investment in silver can give good returns in the future. “Now investors have the option of investing in silver through ETFs,” Chandresh said.

According to Axis AMC, investors who do not have a demat account can get exposure by investing in Silver FOF (Fund of Funds). Silver has always had a special place in Indian culture. However, investing in the solid (biscuit or jewellery) form of silver puts the investor at risk of its safety, purity, and other types of risks. In such a situation, investors can avoid these troubles through ETFs (Exchange Traded Funds).

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