NFO opens on 6th October 2025 & closes on 20th October 2025
Kotak Mahindra Asset Management Company Ltd. (KMAMC) is pleased to announce the launch of the Kotak Gold Silver Passive FoF, an open-ended fund of fund scheme investing in units of Kotak Gold ETF and Kotak Silver ETF. This innovative fund aims to generate long-term capital appreciation by investing in units of Kotak Gold ETF and Kotak Silver ETF giving investors exposure to both precious metals. The scheme opens for public subscription on 6th October 2025 and closes on 20th October 2025.
Precious metals like gold and silver have historically served as stores of value and has acted as hedges against inflation and currency depreciation. With central banks globally increasing their gold reserves and silver demand rising across industrial and investment segments, the Kotak Gold Silver Passive FoF provides a timely and diversified entry into this asset class.
Kotak Gold Silver Passive FoF will invest in Kotak Gold ETF and Kotak Silver ETF, offering a cost-efficient way to gain exposure to both metals. An in-house quantitative model drives the allocation between gold and silver based on their price movements thus eliminating any human bias. This model has dynamic rebalancing to capture shifts, ensuring disciplined and data-backed participation in the precious metals market.
Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company Ltd. said, “Asset allocation is like picking the right players for every pitch. Gold and silver have always played the role of all-rounders in a portfolio when markets get bouncy. With central banks accumulating gold, silver’s industrial relevance expanding, and equity markets being volatile, investors need to make most out of these metals. Adding precious metals isn’t about chasing quick runs, it’s about building a resilient team for all seasons. The Kotak Gold Silver Passive FoF offers a disciplined way to diversify, without betting on just one outcome. Because in investing, it’s not overconfidence but appropriate mix and consistency that win matches.”
The fund is designed for investors seeking long-term capital appreciation through exposure to gold and silver. It is suitable for those looking to diversify their portfolio beyond traditional equity and debt instruments, especially in times of macroeconomic uncertainty. Unlike investing in individual ETFs, where rebalancing between gold and silver would trigger capital gains tax, this fund handles allocation internally offering a tax-efficient way to access both metals without incurring Capital Gains tax on switches between gold and silver.
Rohit Tandon, Fund Manager, Kotak Gold Silver Passive FoF said, “Kotak Gold Silver Passive FoF is designed to offer investors a simple solution to allocate to precious metals. By combining the potential of both Gold and Silver within a single fund, it enables investors to benefit from the nature of these two assets. The fund employs a rule-based quantitative model that dynamically rebalances allocation between Kotak Gold ETF and Kotak Silver ETF. This approach helps capture market shifts, providing investors with a responsive exposure to both metals over time.”
The scheme opens for public subscription on 6th October, 2025 and closes on 20th October, 2025. Investors can invest a minimum amount of Rs 100 and any amount thereafter. For more details on the Kotak Gold Silver Passive FoF please visit https://www.kotakmf.com/documents/Kotak%20Gold%20Silver%20Passive%20FoF%20NFO%20Presentation%2029092025
Investors should consult their financial experts and tax advisor if in doubt about whether the product is suitable to them. Kotak Mahindra Asset Management Company Limited (KMAMC) is not guaranteeing or promising any returns/ futuristic returns.