The fund follows a passive investment strategy and aims to track the domestic price of physical silver through its underlying ETF. The scheme will allocate 95–100% of its assets to units of the Zerodha Silver ETF, with the remaining 0–5% invested in debt and money market instruments.
The investment objective is to seek capital appreciation by offering investors exposure to silver prices in a simple and cost-effective manner. The scheme allows investment via SIPs and offers diversification benefits to portfolios, the fund house said.
“The demand for silver is rising across industries like renewable energy, electronics, and automobiles,” said Vishal Jain, CEO of Zerodha Fund House. “This fund provides a convenient way for investors to participate in silver’s long-term growth.”
Vaibhav Jalan, Chief Business Officer, added, “As silver plays a growing role in emerging technologies and sustainability themes, this fund offers investors an easy entry point into the metal’s market.”
The minimum investment amount is ₹500 during the NFO, with no cap on subsequent multiples. The fund’s initial NAV is set at ₹10 per unit. Investors can subscribe via Coin by Zerodha or CAMS.
The Zerodha Silver ETF FoF is the latest addition to Zerodha Fund House’s product suite focused on simplicity, low costs, and transparent investing.
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