Mirae Asset Silver ETF

The investment objective of the scheme is 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.

• Investment in Silver: The Scheme would invest includes physical silver and other silver related instruments^ which may be permitted by Regulator from time to time. Exchange Traded Commodity Derivatives (ETCDs) having silver as the underlying shall be considered as ‘silver related instrument’ for Silver ETF.
• Investment in money market instruments: The Scheme may also invest in money market instruments, including Tri Party REPO/ debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds.

Domestic Price of Physical Silver (based on London Bullion Market association (LBMA) Silver daily spot fixing price.)

• Traditionally silver has been used for store of value
• Silver tends to act as hedge against the inflation and rising dollar movement
• Unlike gold, silver's utility in industrial/manufacturing allows one to take exposure during the economic expansion
• With increased adoption of Solar Energy and Electric Vehicles, one can potentially expect for structural rise in the demand of silver metal in the long run