NFO Open from March 10 to March 20, 2025 | Scheme Reopens on March 28, 2025
365Telugu.com online news,Mumbai, March 16th, 2025: 360 ONE Asset Management Limited, formerly IIFL Asset Management Limited, has announced the launch of the 360 ONE Silver ETF, an open-ended exchange-traded fund designed to replicate or track domestic silver prices. This ETF offers investors a seamless, liquid, and cost-efficient way to gain exposure to silver—an asset valued for its industrial applications and inflation-hedging potential.
The New Fund Offer (NFO) will be open for subscription from March 10 to March 20, 2025, with a minimum application amount of ₹1,000 (and in multiples of ₹1 thereafter). The NFO price is set at ₹10 per unit, and the scheme will reopen for continuous sale and repurchase on March 28, 2025.
Why Invest in the 360 ONE Silver ETF?
Silver holds a unique position as both a precious metal and an industrial commodity, making it an attractive asset for portfolio diversification. This ETF eliminates the logistical challenges of owning physical silver while enabling investors to capitalize on its long-term value.
The 360 ONE Silver ETF will allocate at least 95% of its total assets to silver or silver-related instruments, ensuring close tracking of domestic silver price movements. The remaining up to 5% will be invested in debt and money market securities for liquidity and efficient fund management.
Expert Fund Management & Zero Exit Load
The fund will be managed by Mr. Rahul Khetawat, an experienced investment professional, and will benchmark its performance against domestic silver prices. Additionally, with zero exit load, investors can enjoy flexibility in managing their holdings.
Leadership Perspectives
Raghav Iyengar, CEO of 360 ONE Asset, stated, “Silver combines the stability of a precious metal with the growth potential of an industrial asset. The 360 ONE Silver ETF provides a convenient way for investors to participate in silver’s value without the complexities of physical storage. This launch is part of our commitment to delivering modern and innovative investment solutions.”
Rahul Khetawat, Fund Manager at 360 ONE Asset, added, “Silver has long been a key asset for wealth preservation and industrial applications. Our ETF is designed to closely track silver prices while offering liquidity and cost efficiency. We believe this ETF will be a strong addition to investors’ portfolios, especially for those seeking diversification and a hedge against economic uncertainties.”
Key Benefits of the 360 ONE Silver ETF
✅ Portfolio Diversification: Silver enhances asset allocation and helps reduce overall risk.
✅ High Liquidity: Units can be bought and sold on stock exchanges during market hours.
✅ Cost Efficiency: No expenses related to storage, security, or insurance, unlike physical silver.
✅ Transparency: Prices are linked directly to real-time silver prices, ensuring fair valuation.
✅ Inflation Hedge: Silver has historically retained value, offering protection against inflation and currency fluctuations.
The 360 ONE Silver ETF is ideal for investors looking for long-term wealth creation and inflation protection while tracking silver price movements. However, investors should be mindful of market fluctuations and tracking errors when making investment decisions. https://www.360.one