NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Edelweiss Gold and Silver ETF Fund of Fund Growth for NRI [14.75]

Min Investment

100

Fund Size

136.04 Cr

Expense Ratio

0.7%

Exit Load

0.1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

14.75

-2.66%

NAV as on 12 Nov 24, 12:00 AM

very high risk

sector precious metals

fof

NAV as on 12 Nov 24, 12:00 AM

very high risk

sector precious metals

fof

21.49%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

24.35%p.a.

Since Inception

About Edelweiss Gold and Silver ETF Fund of Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Edelweiss Gold and Silver ETF Fund of Fund Growth scheme from Edelweiss Asset Management Limited. It is a Sector - Precious Metals mutual fund scheme that predominantly invests in Sector - Precious Metals stocks of companies. Launched on Sep 2022, Edelweiss Gold and Silver ETF Fund of Fund Growth is Sector - Precious Metals fund of its category with 136.04 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Precious Metals funds.

  • Edelweiss Gold and Silver ETF Fund of Fund Growth delivered 21.5% annual returns during the last year. It has delivered 24.4% average annual returns since the fund was launched.
  • Edelweiss Gold and Silver ETF Fund of Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in fof

Fund Objective

The investment objective of the scheme is to generate returns by investing in units of Gold ETFs and Silver ETFs. However, the performance of the scheme may differ from that of the underlying gold and silver due to tracking error of the underlying exchange traded funds.

Top 2 Holdings

Edelweiss Gold ETF

50.44%

Edelweiss Silver ETF

49.81%

Fund Managers

  1. Bhavesh Jain (Sep 2022 - Present)
  2. Bharat Lahoti (Sep 2022 - Present)

Key Information

View Scheme Document

Edelweiss Gold and Silver ETF Fund of Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Edelweiss Gold and Silver ETF Fund of Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Edelweiss Gold and Silver ETF Fund of Fund Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Edelweiss Gold and Silver ETF Fund of Fund Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions