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Aug 20, 2022, 02.00 PM

HDFC Asset Management Company launches HDFC Silver ETF

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

HDFC  Silver  ETF  is  an  open‐ended  Exchange  Traded  Fund  (ETF)  replicating/tracking performance of Silver. The captioned NFO opens on August 18, 2022, and closes 
on August 26, 2022.

HDFC Asset Management Company Ltd., one of India’s leading mutual fund  houses that manages assets worth Rs. 4.15 trillion, has announced the launch of HDFC Silver ETF, in  order  to  expand  their  suite  of  “HDFC  MF  Index  Solutions”,  which  HDFC  Mutual  Fund  has  been  managing  for  the  past  20  years.  

HDFC  Silver  ETF  is  an  open‐ended  Exchange  Traded  Fund  (ETF)  replicating/tracking performance of Silver. The captioned NFO opens on August 18, 2022, and closes 
on August 26, 2022.

The investment objective 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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