Invesco Mutual Fund has filed offer document with SEBI to launch an open ended scheme named ‘Invesco India Silver ETF’. The New Fund Offer price for units would be Rs 10 during the NFO. Entry load and Exit load will be nil. The Scheme does not offers any plan or option for investment, and seeks to collect a Minimum Target Amount of Rs 5 crore.The performance will be benchmarked against Price of Silver. The minimum application amount during NFO will be Rs 5,000 and in multiples of Re. 1 thereafter.The investment objective of the scheme is to generate returns that are in line with the performance of price of physical silver.