| KOTAK SILVER ETF
An open ended Exchange Traded Fund replicating/tracking price of Silver
NSE Symbol - KOTAKSILVE
An open ended Exchange Traded Fund replicating/tracking price of Silver
NSE Symbol - KOTAKSILVE
| KOTAK SILVER ETF
An open ended Exchange Traded Fund replicating/tracking price of Silver
NSE Symbol - KOTAKSILVE
An open ended Exchange Traded Fund replicating/tracking price of Silver
NSE Symbol - KOTAKSILVE
 
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Investment Objective
To generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking error. The Scheme may also participate in silver related instruments. Exchange Traded Commodity Derivatives (ETCDs) having silver as the underlying shall be considered as Silver related instrument for Silver ETFs. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
To generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking error. The Scheme may also participate in silver related instruments. Exchange Traded Commodity Derivatives (ETCDs) having silver as the underlying shall be considered as Silver related instrument for Silver ETFs. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
| Instrument/Industry/ Issuer |
|
% to Net Assets |
|---|---|---|
| Equity & Equity Related | ||
| Silver(30 Kgs) | 97.18 | |
| Equity & Equity related- Total | 97.18 | |
| Triparty Repo | 0.02 | |
| Net Current Assets/(Liabilities) | 2.80 | |
| Grand Total | 100.00 | |
Net Asset Value (NAV)
| Regular | |
| IDCW | Rs73.5738 |
Available Plans/Options
The Scheme does not offer any Plans/Options for investment.
| Fund Manager* | Mr. Jeetu Valechha Sonar & Mr. Abhishek Bisen |
| Benchmark | Price of silver (based on LBMA daily spot fixing price) |
| Allotment date | December 09, 2022 |
| AAUM | Rs311.26 crs |
| AUM | Rs334.39 crs |
| Folio count | 2,822 |
Ratios
| Portfolio Turnover : | 25.13% |
| Tracking Error: | 0.66 |
Minimum Investment Amount
Through Exchange: 1 Unit,
Through AMC: 30000 Units and in
multiple thereof.
Greater than Rs. 25 Crore- For Large
Investors***
Ideal Investments Horizon
• 5 years & above
Load Structure
Entry Load:
Nil. (applicable for all plans)
Exit Load:
Nil. (applicable for all plans)
Total Expense Ratio**
| Regular Plan: | 0.45% |
Data as on 31st March, 2024 unless otherwise
specified.
Fund
Benchmark
This product is suitable for investors who are seeking*:
- Investors seeking returns that are in line with the performance of silver over the long term, subject to tracking errors
- Investments in physical silver of 99.9% purity (fineness)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
The above risk-o—meter is based on the scheme portfolio as on 31st March, 2024. An addendum may be issued or updated on the website for new riskometer.
***Not applicable to Recognised Provident Funds, approved gratuity funds and approved superannuation funds under Income tax act, 1961, Schemes managed by Employee Provident Fund Organisation, India and Market Makers' as per SEBI circular no. SEBI/HO/IMD/DOF2/P/CIR/2022/69 dated May 23,2022 and as amended from time to time & SEBI letter no. SEBI/HOIMD/IMD-PoD-2/P/OW/2023/176441 dated April 28,2023.
**Total Expense Ratio includes applicable B30 fee and GST
* For Fund Manager experience, please refer 'Our Fund Managers'
For scheme performance, please refer 'Scheme Performances'