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The investment objective of this scheme is to generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking error. The scheme will invest 95-100% in silver and silver related instruments, 0-5% in debt and money market instruments. ....
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 ....