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As a hedge against inflation, metals are in higher demand in the current state of the world economy. Silver is much more useful in industrial applications than its more well-known sibling Gold, and this adaptability contributes to Silver's eventual rise in value. Therefore, investors who desire to diversify into products can read this blog and understand if they decide to invest through the Fund of Funds offering or Silver ETF or not, and they will be able to participate in its long-term growth potential if they go for it.

This article will describe what is included in the fund program and how it works.

SBI Silver ETF Fund of Fund – NFO Overview

SBI Silver ETF Fund of Fund by SBI Funds Management Limited is an open-ended fund of fund scheme investing in SBI Silver ETF. The scheme has a very high risk. The lowest investment required to join is Rs.5000 for investors and in multiples of Rs.1 thereof. The scheme is suitable for such investors who are seeking long-term capital growth and to get engaged in SBI Silver ETF investment. The scheme has a 1% exit load if redeemed within 15 days.