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Axis Mutual Fund launches Axis Silver ETF, Axis Silver Fund of Fund; all details here

Both Axis Silver ETF and Axis Silver Fund of Fund will be benchmarked against the LBMA Silver daily spot am fixing price. Both new fund offers (NFOs) will be open for subscription on September 2 and close on September 15.

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Timberline Closes Non-Brokered Private Placement

Timberline Closes Non-Brokered Private Placement
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Silver ETF is the new arena for mutual funds to compete

At least half a dozen mutual fund houses are in the race to launch exchange traded funds and fund of funds based on silver; SEBI gave its go-ahead to silver ETFs in September 2021.

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Wise Multi-Asset Growth duo ups cash levels as reflation trade fizzles

Co-managers Vincent Ropers and Philip Matthews add to infrastructure debt and Fidelity China Special Situations

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