Mumbai, Apr 29 (UNI) DSP Mutual Fund has launched a new open-ended scheme, the DSP Silver ETF Fund of Fund.

Diipesh Shah, Fund Manager of DSP Silver ETF Fund of Fund, said, "With the launch of DSP Silver ETF Fund of Fund, we are making it even simpler for investors to access silver as an asset class through the mutual fund platform. Our aim is to provide a transparent, liquid, and cost-effective solution for those seeking diversification and long-term growth potential through commodities.”



It offers investors a convenient and structured way to gain exposure to silver through the mutual fund route. This Fund of Funds will primarily invest in units of DSP Silver ETF, providing returns that closely correspond to the performance of physical silver in domestic markets.

The DSP Silver ETF Fund of Funds offers the advantage of owning the metal in a convenient digital form without the requirement for a demat account to transact. It also presents a systematic way to invest in silver via SIPs along with the flexibility of redeeming the units without any lock-in period, he added.

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