In the three month horizon, the schemes lost around 2.57%. Aditya Birla Sun Life Silver ETF lost the most of around 4.01%. In nine months, the schemes have offered double-digit returns of around 12.65% and 20.60% in one year horizon.
According Amfi data, the industry has seven silver ETFs with an asset under management of ₹1,792 crore as of March 2023. All these funds were launched in 2022
business bureausilver exchange-traded funds (etfs) are becoming popular among investors as the newly-created investment class has attained an asset base of nearly rs 1,800 crore till march 2023 within one and half years of the introducti