MIRAE ASSET
SILVER ETF$ (NSE Symbol : MASILVER BSE Code: 543922)
(An open-ended scheme replicating/tracking Domestic Price of Silver)
| Type of Scheme | An open-ended scheme replicating/tracking Domestic Price of Silver |
| Investment Objective | To generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking error. The Scheme does not guarantee or assure any returns. |
Fund Manager** |
Mr. Ritesh Patel (since June 09, 2023) |
| Allotment Date | 09th June 2023 |
| Benchmark Index | Domestic Price of Physical Silver (based on London Bullion Market association (LBMA) Silver daily spot fixing price.) |
| Minimum Investment Amount^ |
Market Maker: Application for subscription of Units directly with the Fund in Creation Unit Size at NAV based prices in exchange of Portfolio Deposit and Cash Component. Large Investors: Minimum amount of ₹25 crores for transacting directly with the AMC. Other investors (including Market Maker, Large Investors and Regulated Entities): Units of the Scheme can be subscribed (in lots of 1 Unit) during the trading hours on all trading days on the NSE and BSE on which the Units are listed. On exchange in multiple of 1 unit. With AMC: In multiples of 30,000 units |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
NA |
| Load Structure | Entry load: NA Exit load: NIL |
| Plans Available Options Available |
The Scheme does not offer any Plans/Options for investment |
| Monthly Average AUM (₹ Cr.) as on July 31, 2023 | 13.05 |
| Net AUM (₹ Cr.) | 12.83 |
| Tracking Error Value~ ~1 Year Tracking Error is |
0.83% |
| Monthly Total Expense Ratio (Including Statutory Levies) as on July 31, 2023 | 0.39% |
| **For experience of Fund Managers Click Here ^The said threshold limit shall not be applicable to the below mentioned investors and the AMC will allow direct transactions in ETF in Creation Unit size for below mentioned category of investors until October 31, 2023:- 1. Schemes managed by Employee Provident Fund Organisation, India. 2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961. |
|
| ₹ 73.6308 (Per Unit) |
| Portfolio Holdings | % Allocation |
| Silver | |
| Silver | 96.86% |
| Silver Total | 96.86% |
| TREPS / Reverse Repo | |
| TREPS / Reverse Repo | 0.26% |
| Net Receivables / (Payables) | 2.88% |
| Cash & Other Receivables Total | 3.14% |
| Total | 100.00% |
Parshwa Prism Gems and Jewellery Limited
Raksha Bullion
Parwati Capital Market Private Limited$
$Pursuant to notice cum addendum no. 32/2023, addition of Parwati Capital Market Private Limited as Market Maker for all existing ETFs as well ETFs which shall be launched by Mirae Asset Mutual Fund
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 advisers if they are not clear about the suitability of the product.
Live iNav is updated on Mirae Asset Mutual Fund website
NSE Symbol:MASILVER
BSE Code:543922
Bloomberg Code:MASILVER IN Equity
Reuters Code: MIRA.NS
$Pursuant to clause 13.2.2 of SEBI master circular dated May 19, 2023, the scheme is in existence for less than 6 months
