Axis Mutual Fund is a leading management company in the country
Axis Mutual Fund has announced a new fund
The IFO will close on December 22, 2025
Pune: Axis, one of the leading asset management companies in the country Mutual fundstoday announced the launch of Axis Gold & Silver Passive Fund of Funds (FoF). It is an open-ended fund of funds scheme, investing in units of gold and silver exchange traded funds (ETFs).Investment) will be done.
The New Fund Offer (NFO) of this scheme will open for subscription on December 10, 2025 and will close on December 22, 2025. Axis Gold & Silver Passive FoF will allow investors to participate in the performance of gold and silver—two major commodities considered as reliable stores of value globally—through a single investment option.
Reliance Relaunch SIL Foods: Reliance launches new brand; Noodles for 5 rupees and ketchup for 1 rupee!
This scheme will provide commodity investment opportunities in a transparent and convenient manner. The scheme will primarily invest in units of Gold ETF and Silver ETF, with emphasis on keeping a balanced allocation in both the commodities.
Maharashtra Billionaire: ‘This’ state becomes the richest in the country; You will be shocked to hear the number of millions of families!
Speaking about the launch of the scheme, B. Gopkumar, Managing Director & Chief Executive Officer (MD & CEO), Axis AMC, said, “Gold and silver have historically been effective hedges against inflation and currency fluctuations. At the same time, they offer diversification benefits to the portfolio. Through Axis Gold & Silver Passive FoF, we are providing investors with a simple and cost-effective option to invest in these precious metals without the complexity of holding the metal in physical form.”
Gold and silver prices softened
In India on December 17, 24 carat gold was priced at Rs 13,385 per gram, 22 carat gold at Rs 12,269 per gram and 18 carat gold at Rs 10,038 per gram. In India on December 17, 22 carat gold was priced at Rs 1,22,690 per 10 gm, 24 carat gold at Rs 1,33,850 per 10 gm and 18 carat gold at Rs 1,00,380 per 10 gm. Silver price in India on December 17 is Rs 199 per gram and Rs 1,99,000 per kg.
Comments are closed.