Zerodha Fund House launches Zerodha Silver ETF FoF

Zerodha Fund House has launched a new scheme Zerodha Silver ETF FoF. The scheme opened for subscription on June 23 and will close on July 4th 2025.

Zerodha Silver ETF FoF is an open-ended fund of fund scheme with a passive investment strategy that will invest in units of the underlying Zerodha Silver ETF scheme.

Zerodha Silver ETF FoF investment objective
Its investment objective is to seek capital appreciation by investing in units of Zerodha Silver ETF, which tracks the performance of the domestic price of physical silver.

The Zerodha Silver ETF FoF will allocate 95–100% of its assets to units of the underlying Zerodha Silver ETF, while the remaining 0–5% will be invested in debt securities and money market instruments.

Minimum application amount for Zerodha Silver ETF FoF
The minimum amount for application is Rs 500 and in multiples of ‘any amount’ thereafter. The starting Net Asset Value (NAV) of this fund will be Rs 10 per unit (subject to statutory deductions, if any).