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Scheme Name
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quant Silver ETF
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Category of Scheme
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Exchange Traded Fund – Silver ETF
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Symbol NSE
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SILVER001
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Scheme Code
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QNTM/O/O/OET/26/06/0030
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Type of Scheme
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An open-ended scheme replicating / tracking Physical Price of Silver.
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Benchmark Index
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Physical Price of Silver
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Investment Objective
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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. There is no assurance that the
investment objective of the Scheme will be achieved.
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Asset Allocation Pattern
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*As per Para 4.2.14 of SEBI Master Circular (‘Master Circular’) for Mutual Funds dated March 20, 2026, the exposure to ETCDs having silver as the underlying shall not exceed 10% of net asset value of the scheme. However, the limit of 10% shall not be applicable to Silver ETFs where the intention is to take delivery of physical silver and not to roll over its position to next contract cycle. The cumulative gross exposure of Silver ETFs shall not exceed 100% of the net assets of the scheme.
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Under normal circumstances, the asset allocation pattern will be as follows
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Indicative allocations
(% of total assets)
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Instruments
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Minimum
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Maximum
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Silver and silver related instruments as may be specified by SEBI*
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95
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100
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Cash & Cash Equivalents and Money Market instuments, Reverse repo and / or Tri-Party Repo on Government securities and / or Treasury bills and /or units of money market / liquid schemes
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0
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5
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Exit Load
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Nil
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Inception Date
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17th August 2026
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Minimum Application Amount
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Directly with the Mutual Fund: Only Market maker(s)
and large investors subject to following:
a. Market Maker(s):
Market maker(s) can directly purchase / redeem units
with the Fund in Creation Unit Size at Intraday NAV
based on the actual execution price of the underlying
portfolio on any business day.
The limit of Rs. 25 crores or such other amount as may
be specified by SEBI from time to time is not applicable
for Market Makers.
b. Large Investor(s):
Large investors can directly purchase / redeem from the fund in Creation unit size subject to the value of transaction is greater than the threshold of Rs.25 crores or such other amount as may be specified by SEBI from time to time. 6 Minimum number of Units (Creation Units) – 3,00,000 units & in multiples thereafter.
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Fund Manager
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Mr. Sameer Kate, Mr. Sanjeev Sharma and Mr. Yug Tibrewal
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Minimum Investment Amount
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Through Stock Exchange(s):
Investors may purchase the Units of the Scheme through the Stock Exchange(s) on which the units of the Scheme are listed, on any trading day in round lot of One (1) Units and multiples thereof at the prevailing listed price.
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Minimum Investment for SIP
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Systematic Withdrawal Plan are not available
under this scheme.
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Plans Available
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The Scheme does not offer any Plans/Options
for investment.
The Trustee reserves the right to add any
plan/options/sub-options under the Scheme,
in accordance with the SEBI MF Regulations.
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Options Available
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The Scheme does not offer any Plans/Options
for investment.
The Trustee reserves the right to add any
plan/options/sub-options under the Scheme,
in accordance with the SEBI MF Regulations.
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Applicable NAV
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NAV applicable for subscription / redemption
transactions by Market Makers, Large Investors
or Regulated Entities, based on the price at
which the purchase or sale of silver representing
the underlying asset was executed for the
respective transaction(s) during the day, and
shall include the Cash Component.
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Investment strategy
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The Scheme will be managed passively with an
investment objective to track the performance
of domestic price of Silver subject to tracking
error.
The Scheme will invest at least 95% of its total
assets in the Silver or Silver related instruments
and may hold up to 5% of its total assets in money
market securities as per asset allocation table.
The tracking error will be monitored actively to
keep it minimum to the extent possible.
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Statutory Details
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Sponsor:
quant Capital Finance & Investments
Private Limited
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Investment Manager
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quant Money Managers Limited.
CIN: U74899MH1995PLC324387
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For Further Details
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https://quantmutual.com/downloads/factsheet
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Details Portfolio
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https://quantmutual.com/statutory-disclosures
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SID / KIM / SAI
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https://quantmutual.com/downloads/kim
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