﻿<?xml version="1.0" encoding="utf-8"?><SchemeSummaryDocument xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><SchemeSummary><Fund_Name>Zerodha Silver ETF</Fund_Name><Option_Names_Regular__Direct>Not Applicable</Option_Names_Regular__Direct><Fund_Type>An open ended Exchange Traded Fund replicating/ tracking domestic prices of physical Silver</Fund_Type><Riskometer_At_the_time_of_Launch>Very High Risk</Riskometer_At_the_time_of_Launch><Riskometer_as_on_Date>Very High Risk</Riskometer_as_on_Date><Category_as_Per_SEBI_Categorization_Circular>Others - 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, subject to tracking error.

There is no assurance or guarantee that the investment objective of the scheme would be achieved.</Description_Objective_of_the_scheme><Stated_Asset_Allocation>Silver &amp;amp; Silver related instruments as may be specified by SEBI : 95 to 100%
Debt and Money Market Instruments, cash and cash equivalents. - 0 to 5%</Stated_Asset_Allocation><Face_Value>10</Face_Value><NFO_Open_Date>10 Mar 2025</NFO_Open_Date><NFO_Close_date>18 Mar 2025</NFO_Close_date><Allotment_Date>20 Mar 2024</Allotment_Date><Reopen_Date>26 Mar 2025</Reopen_Date><Maturity_Date_For_closedend_funds>Not Applicable</Maturity_Date_For_closedend_funds><Benchmark_Tier_1>Domestic Prices of Physical Silver</Benchmark_Tier_1><Benchmark_Tier_2>Not Applicable</Benchmark_Tier_2><Fund_Manager_Name>Kedarnath Mirajkar, Shyam Agarwal </Fund_Manager_Name><Fund_Manager_Type_PrimaryComanageDescription>Primary</Fund_Manager_Type_PrimaryComanageDescription><Fund_Manager_From_Date>Shyam Agarwal - March 20, 2025 , Kedarnath Mirajkar - March 20, 2025</Fund_Manager_From_Date><Annual_Expense_Stated_maximum>Regular 0.00, Direct 0.34</Annual_Expense_Stated_maximum><Exit_Load_if_applicable>Not Applicable</Exit_Load_if_applicable><Custodian>Citibank N.A &amp;amp; Axis Bank Limited</Custodian><Auditor>M S K A &amp;amp; Associates</Auditor><Registrar>CAMS</Registrar><RTA_Code_To_be_phased_out>ZSLVR</RTA_Code_To_be_phased_out><Listing_Details>NSE (Symbol - SILVERCASE) &amp;amp; BSE (Symbol /Scrip - SILVERCASE/544384 )</Listing_Details><ISINs>INF0R8F01091</ISINs><AMFI_Codes_To_be_phased_out>153413</AMFI_Codes_To_be_phased_out><SEBI_Codes>ZERO/O/O /OET/25/02/0009
</SEBI_Codes><Minimum_Application_Amount>In creation unit size of 3,00,000 Units and in multiples of 10 units thereof</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>In creation unit size of 3,00,000 Units and in multiples of 10 units thereof</Minimum_Redemption_Amount_in_Rs><Minimum_Redemption_Amount_in_Units>Not Applicable</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>Not Applicable</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>Not Applicable</Sidepocketing_if_applicable><SIP_SWP__STP_Details_Frequency>Not Applicable</SIP_SWP__STP_Details_Frequency><SIP_SWP__STP_Details_Minimum_amount>Not Applicable</SIP_SWP__STP_Details_Minimum_amount><SIP_SWP__STP_Details_In_multiple_of>Not Applicable</SIP_SWP__STP_Details_In_multiple_of><SIP_SWP__STP_Details_Minimum_Instalments>Not Applicable</SIP_SWP__STP_Details_Minimum_Instalments><SIP_SWP__STP_Details_Dates>Not Applicable</SIP_SWP__STP_Details_Dates><SIP_SWP__STP_Details_Maximum_Amount_if_any>Not Applicable</SIP_SWP__STP_Details_Maximum_Amount_if_any></SchemeSummary></SchemeSummaryDocument>