Udaipur : 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 from 6th October 2025 and closes on 20th October 2025.
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.”
