Zeroda Fund House launched Silver ETF, membership opens on March 10 – CNBC TV18

Zeroda Fund House launched Silver ETF, membership opens on March 10 – CNBC TV18


The Zeroda Fund House has announced the introduction of Zeroda Silver ETF, an open-ended exchange-traded funds that will track domestic silver prices. The fund opens for membership on March 10, 2025, and will close on 18 March 2025.

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Zeroda Silver ETF aims to generate returns to suit the performance of physical silver in the domestic markets. The fund will allocate 95–100% of its portfolio to silver and silver-related equipment, while 0-5% loan and money market will be invested in instruments, cash and cash counterparts.

Vishal Jain, CEO of the Zeroda Fund House, said, “Silver has the ability to play a role in both portfolio and modern industries. With its dual identity as both an industrial metal and a precious metal, our Silver provides a valuable tools to diversify their portfolio and capitalize on the unique features of the metal.”

Commenting on the relevance of the fund, Vaibhav Jalan, CBO, Zeroda Fund House said, “As silver demands accelerate technology and clean energy, our new silver ETFs provide opportunity to investors to participate in this developed market.”

The minimum investment amount for funds is 1,000, with subsequent investment in multiples of â‚ı 1,000. The initial net asset value (NAV) and 10 per unit or 1/10,000 silver per kg, will be subject to statutory deduction.

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