Archive · 16 Aug 2025
Mirae Asset Launches Gold & Silver Fund of Fund
Imagine a new way to invest in gold and silver, like a mix of both in one place!
A company called Mirae Asset made a special fund, a 'Fund of Fund', that puts money into gold and silver.
It's like having two investments in one.
The fund changes how much money is in gold or silver based on what's happening in the world.
This way, it can try to make more money while being tax-friendly.
It's a simple way for people to invest in these precious metals together.
Mirae Asset launched a Gold Silver Passive Fund of Fund (FoF) that dynamically invests in gold and silver ETFs.
The fund aims to offer a single, tax-efficient way to invest in both precious metals.
The FoF uses data-driven signals to allocate between gold and silver, rebalancing without triggering taxes until redemption.
Allocation is based on trends, macro factors, and supply-demand dynamics of both metals.
The NFO closes on August 25, with units allotted on August 29 and continuous sale from September 1.
- Who
- Mirae Asset Investment Managers, Ritesh Patel (scheme manager).
- What
- Mirae Asset launched a Gold Silver Passive Fund of Fund (FoF) to invest in gold and silver ETFs.
- When
- The NFO closes on August 25; units will be allotted on August 29; continuous sale and repurchase start on September 1.
- Where
- N/A
- Why
- To provide a structured, tax-efficient way to invest in gold and silver, managed dynamically based on market factors.
Benefits
Drawbacks
Allocation Strategy
Benefits
Offers a single, structured route to own both metals, with allocation driven by technical, macro, and fundamental factors.
Drawbacks
There are also downsides. Signals that guide allocation are not perfect. Dynamic allocation can lag.
Tax Efficiency vs. Costs
Benefits
FoF is more tax efficient than handling allocations yourself.
Drawbacks
FoF structure adds an extra layer of cost as you pay the expenses of the FoF and the underlying ETFs.
- Fund Name
- Mirae Asset Gold Silver Passive Fund of Fund
- NFO Close Date
- August 25
- Units Allotment
- August 29
- Minimum Investment
- ₹5,000 (NFO), SIP from ₹99
- Expense Ratio
- 31-35 bps (estimated)
- Scheme Manager
- Ritesh Patel