๐Ÿฅˆ
๐Ÿฅˆ Commodity ETFs

India's Best
Silver ETFs

Compare all Silver ETFs listed on NSE โ€” physical silver backed, growing industrial demand, high return potential. The smart way to invest in silver in India.

10+
Silver ETFs
โ‚น8,500 Cr
Total AUM
0.45%
Avg Expense
+22.1%
1Y Avg Return
โ‚น3,200 Cr
Largest Silver ETF AUM
Nippon Silver ETF
0.40%
Lowest Expense Ratio
Mirae Silver ETF
~1g
Silver per Unit (approx)
99.9% purity silver

Compare All Indian Silver ETFs

Data is indicative. Silver ETFs were launched in India from 2022 onwards, so long-term return data is limited.

Showing 10 ETFs
# ETF Name โ†• AMC NSE Symbol AUM (Cr) Expense Ratio 1Y Return Since Inception
1
Nippon India Silver ETF
SILVERIETF
Nippon AMC SILVERIETF โ‚น3,200 Cr 0.50% +22.4% +19.8%
2
SBI Silver ETF
SBIETFSLVR
SBI Funds SBIETFSLVR โ‚น1,800 Cr 0.49% +22.1% +19.5%
3
Mirae Asset Silver ETF
MIRAEASILVR
Mirae AMC MIAESILVR โ‚น900 Cr 0.40% +22.6% +20.1%
4
ICICI Prudential Silver ETF
ICICISILVR
ICICI Pru ICICISILVR โ‚น700 Cr 0.45% +22.2% +19.7%
5
HDFC Silver ETF
HDFCSILVR
HDFC AMC HDFCSILVR โ‚น540 Cr 0.48% +22.0% +19.4%
6
Kotak Silver ETF
KOTAKSILVR
Kotak AMC KOTAKSILVR โ‚น420 Cr 0.44% +22.3% +19.9%
7
Axis Silver ETF
AXISSILVR
Axis AMC AXISSILVR โ‚น310 Cr 0.46% +21.8% +19.2%
8
Aditya Birla Silver ETF
ABSLSILVR
Aditya Birla ABSLSILVR โ‚น240 Cr 0.50% +21.9% +19.3%
9
DSP Silver ETF
DSPSILVR
DSP DSPSILVR โ‚น180 Cr 0.43% +22.0% +19.5%
10
Tata Silver ETF
TATASILVR
Tata AMC TATASILVR โ‚น150 Cr 0.45% +21.7% +19.1%

* Returns as of March 2025. Silver ETFs are relatively new in India (launched from 2022). Past performance is not indicative of future results.

Why Invest in Silver ETFs?

Silver ETFs are exchange-traded funds that track the domestic price of physical silver (99.9% purity). Introduced in India in 2022, Silver ETFs offer a cost-effective way to gain exposure to silver โ€” an asset with both precious metal value and growing industrial demand.

Silver is used heavily in solar panels, electric vehicles, electronics, and medical devices. This industrial demand adds a growth dimension unlike gold, making Silver ETFs potentially higher-growth investment options.

โœ… Advantages
  • Higher upside potential than gold
  • Growing EV & solar panel demand
  • No storage or insurance
  • Regulated by SEBI
  • Trade on NSE like shares
  • No GST (unlike physical silver)
โš ๏ธ Disadvantages
  • Higher volatility vs gold
  • Smaller market (less liquidity)
  • Newer category (less data)
  • Requires Demat account
  • Brokerage on each trade

Which Is Better: Gold or Silver ETF?

Feature ๐Ÿฅ‡ Gold ETF ๐Ÿฅˆ Silver ETF
VolatilityLowerHigher
Growth PotentialModerateHigher
Safe HavenStrongModerate
Industrial DemandLowVery High
Market MaturityVery mature (since 2007)New (since 2022)
AUM in Indiaโ‚น45,000+ Crโ‚น8,500 Cr

๐Ÿ’ก Expert View: Consider a 70:30 split between Gold ETF and Silver ETF for balanced commodity exposure. Gold provides stability while silver adds growth potential.

โš—๏ธ View All Metal ETFs (Gold + Silver) โ†’