Contents
Key details of the Invesco India Silver ETF NFO
| Fund house | Invesco Mutual Fund |
|---|---|
| Category (AMFI) | Exchange Traded Funds (ETFs) - Silver ETF |
| Scheme type | Open Ended |
| NFO opens | 27 October 2026 |
| NFO closes | 9 November 2026 |
| Offer price | ₹10 a unit |
| Minimum investment | ₹5,000 |
| Exit load | Nil |
| Scheme information document | On the fund house’s website (AMFI’s copy is not available yet) |
What Invesco India Silver ETF will invest in
The scheme information document states the objective as: “To generate returns that are in line with the performance of price of physical silver, subject to tracking error.”
How it compares with existing exchange traded funds (etfs) - silver etf
- It joins 22 existing exchange traded funds (etfs) - silver etf, according to AMFI's NAV list.
- Over the past one year to 27 October 2026, the 16 with that long a record returned a median of 4.7%, from −9.4% for the weakest to 31.4% for the strongest.
- Over the past three years to 27 October 2026, the 6 with that long a record returned a median of 15.4% a year, from 8.7% for the weakest to 37.6% for the strongest.
| Period | Funds | Lowest | Median | Highest |
|---|---|---|---|---|
| 1 year | 16 | −9.4% | 4.7% | 31.4% |
| 3 years (per year) | 6 | 8.7% | 15.4% | 37.6% |
Direct-Growth plans. Returns are from AMFI daily NAVs, annualised for three years, and leave out figures distorted by unit splits.
Other funds’ returns do not tell you how this fund will do. They show what the category or index has delivered and how far results have varied between funds.
What to check before investing in this NFO
- The ₹10 price is not a discount. Units start at ₹10 only to set the unit count. Returns depend on how the fund's investments move, in percentage terms, exactly as for an existing fund.
- Cost and tracking error decide the difference. Every fund on the same index holds the same shares, so the fund with the lower expense ratio and the smaller tracking error usually delivers more. A new fund's tracking error is unknown until it has run for a while; existing exchange traded funds (etfs) - silver etf already have a record.
- Overlap with what you already own. If you already hold a fund on the same or a broader index, a new one may add little: the underlying shares can be largely the same.
- Direct plan and costs. The direct plan pays no distributor commission, so its expense ratio is lower than the regular plan’s. Over many years the difference compounds.
- Buying and selling after listing. After the NFO, ETF units trade on the stock exchange, so you need a demat account. Check trading volumes and how close the market price stays to the NAV.
After the NFO closes
Units are allotted after the offer closes. The ETF then lists on the stock exchange, where its units trade during market hours.
Once a fund has a record, Genvest Research shows its returns against its benchmark, volatility and drawdowns.
Questions people ask
The NFO closes on 9 November 2026. Fund houses can extend or close an NFO early, so check the fund house's notices close to the date.
The minimum is ₹5,000 during the NFO, according to AMFI's listing. Units are offered at ₹10 each.
No. The ₹10 starting price only sets the unit count. What you earn depends on the percentage change in the fund's investments, which is the same whether a unit costs ₹10 or ₹500.
No exit load is listed for this scheme.
That depends on what you already own and why you would add this fund. A new fund has no record of its own, so compare it with existing exchange traded funds (etfs) - silver etf: their costs, their returns over several years and how much they overlap with funds you hold. This page explains the facts; it is not a recommendation.
Other NFOs open now
| Fund | Type | Closes | Minimum | Existing funds |
|---|---|---|---|---|
| Axis Nifty EV & New Age Automotive Index FundAxis | Index fund · Nifty EV & New Age Automotive | 30 OctCloses tomorrow | ₹100 | 2 on the same index |
| Carnelian Small Cap FundCarnelian | Small cap | 30 OctCloses tomorrow | ₹500 | 36 in the category |
| ICICI Prudential BSE Power ETFICICI Prudential | ETF · BSE Power | 30 OctCloses tomorrow | ₹1,000 | 1 on the same index |
| Samco Equity Savings FundSamco | Equity savings | 2 NovCloses in 4 days | ₹5,000 | 22 in the category |
| UTI Financial Services Debt FundUTI | Sectoral debt | 2 NovCloses in 4 days | ₹500 | 2 in the category |
| Choice Large & Mid Cap FundChoice | Large & mid cap | 3 NovCloses in 5 days | ₹1,000 | 36 in the category |
| Motilal Oswal Multi Asset Omni Fund of FundsMotilal Oswal | Fund of funds | 4 NovCloses in 6 days | ₹500 | – |
| Navi Multi Asset Omni FoFNavi | Fund of funds | 4 NovCloses in 6 days | ₹100 | – |
Sources
- AMFI new fund offer list.
- AMFI daily NAVs to 27 Oct, for existing funds.
This page is educational research based on AMFI data and scheme information documents. It is not a recommendation to invest in any scheme, or personalised investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past performance of other funds does not indicate how a new fund will perform. Registration granted by SEBI, enlistment with IAASB and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.