Motilal Oswal MF files for precious metals fund of funds scheme
Notably, ICICI Prudential Mutual fund had applied for a precious metals fund of funds in December 2021 and is yet to get the regulator’s approval.
Asset management company Motilal Oswal Mutual Fund has applied for Motilal Oswal Precious Metals FoFs, an open-ended fund of funds scheme that will invest in units of gold and silver exchange-traded funds (ETFs). As of now, there are no products that invest in both silver and gold in India.
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