What is Kotak Gold Silver Passive FOF? Check key details of this new fund offer

The Kotak Gold Silver Passive FOF NFO offered by Kotak Mahindra Mutual Fund is an open-ended Fund of Funds (FOF) that opened for subscription on October 6, 2025. 

The new fund offer (NFO, which invites early investors to subscribe to a mutual fund scheme at a low NAV (usually ₹10) before they open for regular subscription, for this fund will close on October 20, 2025. 

Kotak Gold Silver Passive FOF: Key highlights

Gold and silver

Gold and silver have been causing quite a stir in recent times. While gold has risen nearly 60% this year, since December 31, 2024, the growth in silver prices has taken everyone by surprise, with an increase of nearly 80%.  

In uncertain environments, when geopolitical tensions rise, markets are volatile, currencies depreciate, and the overall economic outlook is clouded, investors turn to safe-haven assets due to risk aversion. 

Aided by central bank gold buying and exponentially rising silver industrial demand (coupled with supply deficit), both gold and silver have been getting a lot of public attention on the back of their increased demand and prices.  

Under these circumstances, investors often look for different ways they can invest in gold and silver. Tools like Exchange Traded Funds (ETFs) offer a convenient way of investing in these precious metals without the hassle of storage and security concerns. 

An FOF is an investment fund that invests in a portfolio of other investment funds, instead of investing directly in individual stocks or bonds. This offers diversification by spreading investments across multiple funds. 

Who may invest in this fund?

The Kotak Gold Silver Passive FOF offers investors a way to invest in Kotak Gold ETF and Kotak Silver ETF dynamically at a lower cost and with no hassle of physical gold and silver buying. The scheme may be suitable for investors who seek long-term capital growth.