DSP Mutual Fund has announced significant changes to the face value structure of its precious metals ETFs. According to reports from Value Research, the fund house has reduced the face value per unit of DSP Gold ETF and DSP Silver ETF from ₹10 to ₹1, effective August 28, 2026. This represents a 90% reduction in the nominal value per unit for both schemes.
The face value modification takes effect on August 28, 2026, as reported by Value Research. This change affects both the DSP Gold ETF and DSP Silver ETF, which are part of the fund house's precious metals investment offerings. The implementation date provides investors with adequate time to understand and adjust to the new structure.
The 90% reduction in face value represents a significant structural change for these ETFs. As reported by Value Research, this modification affects both the DSP Gold ETF and DSP Silver ETF, which are part of the fund house's precious metals investment offerings. The change may impact how these schemes are priced and valued in the market going forward.
Recent market data shows mixed performance across precious metals ETFs. Axis Gold ETF-Growth has delivered ₹14,473 returns on ₹15,000 investment over 3 months, representing a -3.51% decline. Over a 6-month period, the fund generated ₹28,164 returns on ₹30,000 investment, showing a -6.12% performance. In contrast, Axis Silver ETF Regular-Growth has demonstrated more volatile returns, with -15.3% decline over 3 months and +4.1% growth over 6 months. The performance variations highlight the different market dynamics affecting these precious metals investment vehicles.
