Invesco India Silver ETF and Silver ETF Fund of Fund Open for Subscription Until 9 November

Key Takeaways

• Invesco India Mutual Fund opened two silver-focused new fund offers on 27 October 2026, with subscriptions scheduled to close on 9 November.
• The Invesco India Silver ETF provides exchange-traded exposure to silver, while the Silver ETF Fund of Fund invests through the underlying ETF.
• Both schemes have a tentative allotment date of 16 November 2026, according to exchange notices.

Invesco India Mutual Fund has introduced two investment products focused on silver, with the new fund offers opening for subscription on 27 October 2026.

The fund house has launched the Invesco India Silver ETF and the Invesco India Silver ETF Fund of Fund. Both schemes will remain open for subscription until 9 November 2026.

The launches provide two different structures for accessing silver-related investment exposure through mutual fund products.

Exchange notifications issued on 26 October confirmed the subscription periods and the availability of the schemes on the relevant mutual fund transaction platforms.

Two Schemes With Different Investment Structures

The Invesco India Silver ETF is designed to provide exposure to the price movements of silver through an exchange-traded fund structure.

Silver ETFs generally invest in physical silver and permitted silver-related instruments in accordance with applicable regulatory requirements and the scheme's investment mandate.

Their objective is to broadly track the domestic price of silver before expenses, subject to tracking error.

The Invesco India Silver ETF Fund of Fund follows a different structure.

Rather than investing directly in physical silver as its principal holding, the fund of fund invests predominantly in units of the underlying silver ETF.

This allows the fund of fund to provide indirect silver exposure through a conventional mutual fund investment arrangement.

Although both schemes are linked to the same underlying asset, their investment structures, transaction mechanisms and expenses differ.

NFO Dates and Allotment

The exchange notices specify the following schedule:

Both schemes are being introduced through a coordinated launch, with the same subscription and tentative allotment dates.

How Silver ETF Returns Are Determined

Silver ETF performance is linked primarily to changes in domestic silver prices.

However, the return generated by an ETF does not necessarily equal the percentage change in the underlying metal's price.

Expenses, transaction costs, tracking difference and the composition of a scheme's holdings can affect returns.

For the fund of fund, investors also receive exposure through another investment vehicle, making the underlying ETF's performance and the fund of fund's own expenses relevant.

Silver prices can fluctuate because of changes in industrial demand, investment demand, currency movements and conditions in international precious-metal markets.

The two launches expand the range of silver-linked products available through the Indian mutual fund industry. Neither scheme offers an assured return, and their performance will depend on market conditions and the respective scheme structures.