AXIS SILVER ETF

(An open ended scheme replicating/tracking domestic price of Silver)

JULY 2023

To generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking error.However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

DATE OF ALLOTMENT 21st September 2022
MONTHLY AVERAGE 34.46Cr.
AS ON 31st July, 202336.14Cr.
BENCHMARK Domestic Price Of Silver
iNAV AXISILIINAV
EXCHANGE SYMBOL/SCRIP CODE AXISILVER
TRACKING ERROR 0.94%
FUND MANAGER
Mr. Pratik Tibrewal
Work experience: 10 years.He has been managing this fund since 21st September 2022
CREATION UNIT~ 30000 UNITS

Instrument Type/ Issuer Name % OF NAV
PHYSICAL SILVER 97.38%
Silver 97.38%
DEBT, CASH & OTHER CURRENT ASSETS 2.62%
GRAND TOTAL 100.00%

Past performance may or may not be sustained in future. Different plans have different expense structure. Pratik Tibrewal is managing the scheme since 21st September 2022 and he manages 3 schemes of Axis Mutual Fund . Please refer to annexure for performance of all schemes managed by the fund manager.Returns greater than 1 year period are compounded annualised (CAGR). Face Value per unit : ₹ 1~.


Entry Load : NA
Exit Load : Nil



Since the fund has not completed 1-year annualized tracking error is taken from the launch date of the scheme. The tracking error may look optically elevated on account of deployment during the first few days of the scheme. This effect is transitionary in nature and normalizes as the fund completes 1 year since fund launch.
Please click here for NAV, TER, Riskometer & Statutory Details.