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

INVEST VIA NRE/NRO

HDFC Silver ETF Fund of Fund Growth for NRI [15.04]

Min Investment

100

Fund Size

180.38 Cr

Expense Ratio

0.6%

Exit Load

1%

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

15.04

2.89%

NAV as on 18 Dec 24, 12:00 AM

very high risk

sector precious metals

fof

NAV as on 18 Dec 24, 12:00 AM

very high risk

sector precious metals

fof

15.86%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

21.73%p.a.

Since Inception

About HDFC Silver ETF Fund of Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the HDFC Silver ETF Fund of Fund Growth scheme from HDFC Asset Management Co Ltd. It is a Sector - Precious Metals mutual fund scheme that predominantly invests in Sector - Precious Metals stocks of companies. Launched on Oct 2022, HDFC Silver ETF Fund of Fund Growth is Sector - Precious Metals fund of its category with 180.38 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Precious Metals funds.

  • HDFC Silver ETF Fund of Fund Growth delivered 15.9% annual returns during the last year. It has delivered 21.7% average annual returns since the fund was launched.
  • HDFC 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

To seek capital appreciation by investing in units of HDFC Silver ETF (HSETF). There is no assurance that the investment objective of the Scheme will be realized.

Top 1 Holdings

HDFC Silver ETF

99.97%

Fund Managers

  1. Arun Agarwal (Feb 2023 - Present)
  2. Nirman Morakhia (Feb 2023 - Present)

Key Information

View Scheme Document

HDFC 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 HDFC 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 HDFC 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 HDFC 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