INF209KB16F2

Aditya Birla Sun Life Silver ETF Fund of Fund Direct Growth

Very High Risk Sector - Precious Metals Commodities

NAV (Mon Jul 22 2024)

₹14

Returns (Since Inception)

0.00%

Category Average

14.48%

Rating

NA

Allocation and Holdings

Asset class

Weightage

Unknown

98.25%

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Overall rating

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Scheme Information

Fund name

Aditya Birla Sun Life Silver ETF Fund of Fund Direct Growth


Minimum SIP

100


Risk Level

Very High Risk


AUM

₹138.13 Cr


ISIN

INF209KB16F2


Inception Date

Jan 01 1970


Standard Deviation

-


Beta

-


Sharpe Ratio

-


Benchmark

Domestic Price of Silver


Expense Ratio

0.560%


Exit Load

For redemption/switch-out of units on or before 30 days from the date of allotment - 0.5%. For redemption/switch-out of units after 30 days from the date of allotment - NIL.

Risk

Very High Risk

Investment Objective

The investment objective of the scheme is to provide returns similar to the returns generated by Aditya Birla Sun Life Silver ETF. The Scheme does not guarantee/indicate any returns. There can be no assurance that the objective of the scheme will be achieved.

Fund Managers

Lovelish Solanki

Kedarnath Mirajkar

About the AMC

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frequently asked questions

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What is the current NAV of Aditya Birla Sun Life Silver ETF Fund of Fund Direct Growth?

The NAV of Aditya Birla Sun Life Silver ETF Fund of Fund Direct Growth is ₹14 as of Mon Jul 22 2024.

Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.

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Who is the fund manager of Aditya Birla Sun Life Silver ETF Fund of Fund Direct Growth?

Lovelish Solanki is the current fund manager of Aditya Birla Sun Life Silver ETF Fund of Fund Direct Growth as on Wed Jul 24 2024. A fund manager's performance history, investment style and strategy, approach to risk management, tenure and experience, fees and charges, and alignment with investor goals all have an impact on the fund performance.

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What is the expense ratio of Aditya Birla Sun Life Silver ETF Fund of Fund Direct Growth?

The Expense Ratio of Aditya Birla Sun Life Silver ETF Fund of Fund Direct Growth is 56.00% as of Wed Jul 24 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 56.00% of those returns will be retained by the AMC.

The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).

Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.

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What is the minimum SIP amount of Aditya Birla Sun Life Silver ETF Fund of Fund Direct Growth?

The minimum Systematic Investment Plan (SIP) amount required for Aditya Birla Sun Life Silver ETF Fund of Fund Direct Growth is ₹100. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.

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What is the minimum lump sum amount required to invest in Aditya Birla Sun Life Silver ETF Fund of Fund Direct Growth?

To initiate a lump sum investment in Aditya Birla Sun Life Silver ETF Fund of Fund Direct Growth, a minimum initial amount of ₹100 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.

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What is risk category of the Aditya Birla Sun Life Silver ETF Fund of Fund Direct Growth?

In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of Aditya Birla Sun Life Silver ETF Fund of Fund Direct Growth is classified as Very High Risk.

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What is the category of Aditya Birla Sun Life Silver ETF Fund of Fund Direct Growth?

The category of the Aditya Birla Sun Life Silver ETF Fund of Fund Direct Growth is Commodities.

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