Motilal Oswal Silver ETF - Investment Objective and Asset Allocation

Sep 2, 2026

Uploaded by Patrick

Motilal Oswal Silver ETF aims to generate returns in line with the domestic price of physical silver before expenses, subject to tracking errors, fees, and expenses, by investing in physical silver. The scheme may allocate between 95% and 100% to physical silver and silver-related instruments, while limiting exposure to debt, money market instruments, cash, and cash equivalents to 0%–5%. The document details allocation limits and regulatory references under SEBI master circulars.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages22

Reading Time55 min

AccessFree to download

Investment objective

How returns are generated

Asset allocation pattern

Physical silver and silver-related instruments

Debt, money market instruments, and cash

Regulatory exposure limits and related instruments

| This product is suitable for investors who are seeking*: | Scheme Risk-o-meter | Benchmark Risk-o-meter
Domestic Price of physical Silver | | --- | --- | --- | | 􀁸 Capital appreciation over long term
􀁸 Investment predominantly in silver and silver related instruments in order to generate returns similar to the performance of silver, subject to tracking error. | | | | Name of Mutual Fund | Motilal Oswal Mutual Fund (MOMF) | | --- | --- | | Name of Asset Management Company (AMC) | Motilal Oswal Asset Management Company Limited (MOAMC) | | Name of Trustee Company | Motilal Oswal Trustee Company Limited (MOTC) | | Address | Registered Office:
10th Floor, Motilal Oswal Tower, Rahimtullah Sayani Road, Opp. Parel ST Depot, Prabhadevi, Mumbai-400025 | | Website | [www.motilaloswalmf.com](www.motilaloswalmf.com) | | Title | Particulars | | | | | | --- | --- | --- | --- | --- | --- | | Investment Objective | The Investment objective of the scheme is to generate returns corresponding to the domestic price of physical Silver before expenses, subject to tracking errors, fees and expenses by investing in physical Silver.
However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. | | | | | | Asset Allocation Pattern of the scheme | The asset allocation pattern of the Scheme would be as follows: | | | | | | | | Instruments | Indicative Allocations (% of total assets) | | | | | | | Minimum | Maximum | | | | | Physical Silver & Silver related instruments* | 95% | 100% | | | | | Debt and money market instruments, cash and cash equivalents | 0% | 5% | | | | * Silver related instruments as may be specified by SEBI from time to time. In reference to clause 3.3 of the SEBI Master Circular no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024, the cumulative exposure to Silver and Silver related instruments i.e. Exchange Traded Commodity Derivatives having silver as the underlying shall not exceed 10% of net asset value of scheme. However, the 10% limit, the investment limit shall not be applicable to Silver ETFs where the intention is to take delivery of the physical silver and not to roll over its position to next contract cycle.
Money Market Instruments includes Commercial papers, Commercial bills, Treasury bills, TREPS, Government securities having an unexpired maturity up to one year, call or notice money, certificate of deposit, Bills Rediscounting, usance bills, and any other like instruments as specified by the Reserve Bank of India(RBI)/ Securities and Exchange Board of India (SEBI) from time to time.
Pursuant to clause 12.24 of SEBI Master Circular No. SEBI/HO/IMD/IMD-PoD- 1/P/CIR/2024/90 dated June 27, 2024, the cumulative gross exposure through Physical Silver and Silver related Instrument and Debt and money market instruments, cash and cash equivalents, derivative positions, other permitted securities/assets and such other securities/assets as may be permitted by the Board from time to time will not exceed 100% of the net assets of the scheme.
In accordance with para 12.26.6 of SEBI Master circular for Mutual Funds dated June 27, 2024, the following exposures shall not be considered in the cumulative gross exposure:
a. Short position in Exchange Traded Commodity Derivatives (ETCDs) not exceeding the holding of the underlying goods received in physical settlement of ETCD contracts
b. Short position in ETCDs not exceeding the long position in ETCDs on the same goods.
c. Further, the mutual funds shall not write options, or purchase instruments with | | | | | | | embedded written options in goods or on commodity futures.
Cash and cash equivalents as per SEBI letter no. SEBI/HO/IMD-II/DOF3/ OW/P/ 2021/ 31487 / 1 dated November 03, 2021 which includes T-bills, Government Securities and Repo on Government Securities having residual maturity of less than 91 Days, shall not be considered for the purpose of calculating gro

FAQs

What is the investment objective of Motilal Oswal Silver ETF?

The scheme seeks returns corresponding to the domestic price of physical silver before expenses, subject to tracking errors, fees, and expenses, by investing in physical silver. There is no guarantee that the objective will be achieved.

What portion of assets is invested in physical silver and silver-related instruments?

The scheme allocates between 95% and 100% of total assets to physical silver and silver-related instruments.

How much can the scheme allocate to debt, money market instruments, and cash?

The scheme may allocate 0% to 5% of total assets to debt and money market instruments, cash, and cash equivalents. It also describes which items count or do not count toward certain gross exposure limits.

Sep 2, 2026

Uploaded by Patrick