﻿<?xml version="1.0" encoding="utf-8"?><SchemeSummaryDocument xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><SchemeSummary><Fund_Name>Nippon India Silver ETF</Fund_Name><Option_Names_Regular__Direct>Not Applicable</Option_Names_Regular__Direct><Fund_Type>An open ended scheme, listed on the Exchange in the form of an Exchange Traded Fund (ETF) investing in physical silver and / or Exchange Traded Commodity Derivatives (ETCD) in Silver</Fund_Type><Riskometer_At_the_time_of_Launch>Moderately High</Riskometer_At_the_time_of_Launch><Riskometer_as_on_Date>Very High</Riskometer_as_on_Date><Category_as_Per_SEBI_Categorization_Circular>Others - Other ETFs</Category_as_Per_SEBI_Categorization_Circular><Potential_Risk_Class_as_on_date>Not Applicable</Potential_Risk_Class_as_on_date><Description_Objective_of_the_scheme>The investment objective of the scheme is to generate returns that are in line with the performance of physical silver in domestic prices, before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.</Description_Objective_of_the_scheme><Stated_Asset_Allocation>Physical Silver and Silver Related Instruments - 95% to 100%, Money Market Instruments including TriParty Repo on Governement  securities or Treasury bills, cash &amp;amp; cash equivalents - 0% to 5%.</Stated_Asset_Allocation><Face_Value>Rs.10/- per unit</Face_Value><NFO_Open_Date>13-Jan-2022</NFO_Open_Date><NFO_Close_date>27-Jan-2022</NFO_Close_date><Allotment_Date>02-Feb-2022</Allotment_Date><Reopen_Date>07-Feb-2022</Reopen_Date><Maturity_Date_For_closedend_funds>Not Applicable</Maturity_Date_For_closedend_funds><Benchmark_Tier_1>Domestic price of Silver (based on LBMA Silver daily spot fixing price)</Benchmark_Tier_1><Benchmark_Tier_2>Not Applicable</Benchmark_Tier_2><Fund_Manager_Name>Vikram Dhawan</Fund_Manager_Name><Fund_Manager_Type_PrimaryComanageDescription>Primary</Fund_Manager_Type_PrimaryComanageDescription><Fund_Manager_From_Date>02-Feb-2022</Fund_Manager_From_Date><Annual_Expense_Stated_maximum>Regular 0.00, Direct 0.58</Annual_Expense_Stated_maximum><Exit_Load_if_applicable>Not Applicable</Exit_Load_if_applicable><Custodian>Deutsche Bank A.G.</Custodian><Auditor>Walker Chandiok &amp;amp; Co LLP</Auditor><Registrar>KFin Technologies Limited</Registrar><RTA_Code_To_be_phased_out>SI.</RTA_Code_To_be_phased_out><Listing_Details>NSE</Listing_Details><ISINs>INF204KC1402</ISINs><AMFI_Codes_To_be_phased_out>149758</AMFI_Codes_To_be_phased_out><SEBI_Codes>Not Applicable</SEBI_Codes><Minimum_Application_Amount>In creation unit size of 31,000 units and in multiples thereafter However, in case of large investors, the execution value must be greater than Rs. 25 crores</Minimum_Application_Amount><Minimum_Application_Amount_in_multiples_of_Rs>Not Applicable</Minimum_Application_Amount_in_multiples_of_Rs><Minimum_Additional_Amount>Not Applicable</Minimum_Additional_Amount><Minimum_Additional_Amount_in_multiples_of_Rs>Not Applicable</Minimum_Additional_Amount_in_multiples_of_Rs><Minimum_Redemption_Amount_in_Rs>Not Applicable</Minimum_Redemption_Amount_in_Rs><Minimum_Redemption_Amount_in_Units>In creation unit size of 31,000 units and in multiples thereafter However, in case of large investors, the execution value must be greater than Rs. 25 crores</Minimum_Redemption_Amount_in_Units><Minimum_Balance_Amount_if_applicable>Not Applicable</Minimum_Balance_Amount_if_applicable><Minimum_Balance_Amount_in_Units_if_applicable>Not Applicable</Minimum_Balance_Amount_in_Units_if_applicable><Max_Investment_Amount>Not Applicable</Max_Investment_Amount><Minimum_Switch_Amount_if_applicable>Not Applicable</Minimum_Switch_Amount_if_applicable><Minimum_Switch_Units>In creation unit size of 31,000 units and in multiples thereafter However, in case of large investors, the execution value must be greater than Rs. 25 crores</Minimum_Switch_Units><Switch_Multiple_Amount_if_applicable>Not Applicable</Switch_Multiple_Amount_if_applicable><Switch_Multiple_Units_if_applicable>Not Applicable</Switch_Multiple_Units_if_applicable><Max_Switch_Amount>Not Applicable</Max_Switch_Amount><Max_Switch_Units_if_applicable>Not Applicable</Max_Switch_Units_if_applicable><Swing_Pricing_if_applicable>Not Applicable</Swing_Pricing_if_applicable><Sidepocketing_if_applicable>N.A.</Sidepocketing_if_applicable><SIP_SWP__STP_Details_Frequency>NA</SIP_SWP__STP_Details_Frequency><SIP_SWP__STP_Details_Minimum_amount>NA</SIP_SWP__STP_Details_Minimum_amount><SIP_SWP__STP_Details_In_multiple_of>NA</SIP_SWP__STP_Details_In_multiple_of><SIP_SWP__STP_Details_Minimum_Instalments>NA</SIP_SWP__STP_Details_Minimum_Instalments><SIP_SWP__STP_Details_Dates>NA</SIP_SWP__STP_Details_Dates><SIP_SWP__STP_Details_Maximum_Amount_if_any>NA</SIP_SWP__STP_Details_Maximum_Amount_if_any></SchemeSummary></SchemeSummaryDocument>