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

INVEST VIA NRE/NRO

UTI Silver ETF Fund of Fund Growth for NRI [12.25]

Min Investment

5,000

Fund Size

27.6 Cr

Expense Ratio

0.5%

Exit Load

1%

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

12.25

-0.35%

NAV as on 13 Jul 24, 12:00 AM

very high risk

sector precious metals

debt

NAV as on 13 Jul 24, 12:00 AM

very high risk

sector precious metals

debt

30.16%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

14.27%p.a.

Since Inception

About UTI Silver ETF Fund of Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the UTI Silver ETF Fund of Fund Growth scheme from UTI 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 Apr 2023, UTI Silver ETF Fund of Fund Growth is Sector - Precious Metals fund of its category with 27.6 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Precious Metals funds.

  • UTI Silver ETF Fund of Fund Growth delivered 30.2% annual returns during the last year. It has delivered 14.3% average annual returns since the fund was launched.
  • UTI 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 debt

Fund Objective

The investment objective of the scheme is to seek to provide returns that correspond to returns provided by UTI Silver ETF by investing in units of UTI Silver ETF. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

Top 1 Holdings

UTI Silver Exchange Traded Fund

99.28%

Fund Managers

  1. Sharwan Kumar Goyal (Apr 2023 - Present)
  2. Ayush Jain (Apr 2023 - Present)

Key Information

View Scheme Document

UTI 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 UTI 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 UTI 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 UTI 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