Minimum Investment ₹1,000; 360 ONE Silver ETF
This
open-ended exchange-traded fund aims to replicate or track domestic silver
prices.
360 ONE Asset Management Limited, formerly known as IIFL
Asset Management Limited, has announced the launch of the 360 ONE Silver ETF. This
open-ended exchange-traded fund aims to replicate or track domestic silver
prices.
The New Fund Offer (NFO)
will remain open till March 20, 2025. Investors can participate with a minimum
application amount of ₹1,000 (and in multiples of ₹1 thereafter).
The NFO is priced at ₹10 per unit.
Silver has long held a dual role as a precious metal and
an industrial commodity. The 360 ONE Silver ETF eliminates the challenges
associated with physical silver ownership while offering investors exposure to
silver’s potential value appreciation.
The 360 ONE Silver ETF will allocate at least 95% of its total assets to silver
or silver-related instruments, ensuring close alignment with domestic silver
price movements. Up to 5% of the assets may be invested in debt or money market
securities to enhance liquidity and optimize fund management.
The fund will be managed by Rahul Khetawat and will benchmark its performance
against domestic silver prices.
The ETF has zero exit load.
Silver is a unique asset that blends precious metal stability with industrial
growth potential. With the 360 ONE Silver ETF, we aim to offer investors an
efficient way to participate in silver’s long-term value without the
complexities of physical ownership.
Silver has played a crucial role in wealth preservation
and industrial applications. The 360 ONE Silver ETF is designed to track silver
prices closely while offering the benefits of liquidity and cost efficiency. We
believe this ETF will be a valuable addition for investors looking to diversify
their portfolios and hedge against economic uncertainties.
Mr. Koushik Ketharam, Founder, www.intelli360.in
AMFI Registered Mutual Fund
Distributor
www.intelli360.in
assist@intelli360.in
Intelli360 Asset Private Limited
F-124, 2nd Phase, 1 st Floor,
Spencers Plaza,
Anna Salai,
Chennai – 600002.
Intelli360 Wealth,
No-80/111/2, Ground floor,
Dr.Moorthy Road, Near Naal Road,
Kumbakonam – 612 001.
Connect Office: 98409 98847 , 98400 46847
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related
documents carefully. The past performance of the mutual funds is not
necessarily indicative of future performance of the schemes.
