Mirae Asset Mutual Fund has launched a new Open Ended Growth scheme named "Mirae Asset Silver ETF FOF" with maturity period of 0 days from the launch date.

The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Mar 05 to Mar 18, 2026.

According to the offer document filed with SEBI, the entry load is Nil and exit load is 0.05.

The minimum application amount is Rs 5,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth, IDCW, IDCW-Reinvestment.

The fund manager of the scheme will be Ritesh Patel, while the performance of the scheme will be benchmarked against Domestic Price of Silver.

The scheme seeks to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Silver ETF. The Scheme does not guarantee or assure any returns.