Aditya Birla Sun Life Silver ETF

The Aditya Birla Sun Life Silver ETF, managed by Aditya Birla Sun Life Asset Management Company Limited, aims to mirror the performance of physical silver prices in India through an open-ended structure.

This ETF tracks the price of silver as per regulatory norms, utilizing a replication strategy to minimize tracking error, with a current tracking error of 0.51%.

With a significant 97.9% allocation to silver, the fund exhibits a concentrated portfolio, emphasizing its focus on physical silver while maintaining a minor allocation to cash and current assets.

Over the past year, the fund has demonstrated impressive performance, reflecting a 60.1% increase, while the 3-year CAGR stands at 36.1%, showcasing strong returns in a favorable market for silver.

The fund, managed by Mr. Sachin Wankhede since January 2022, has an AUM of ₹783.81 Cr and an expense ratio of 0.35%, providing efficient access to silver investments with a low cost structure.