Axis Silver ETF

The Axis Silver ETF, managed by Axis Asset Management Company Limited, is an open-ended fund aimed at mirroring the performance of physical silver in domestic markets, subject to tracking error.

This ETF tracks the domestic price of physical silver based on the LBMA Silver daily spot AM fixing price, ensuring alignment with silver market movements and minimizing tracking discrepancies.

The portfolio is heavily concentrated with 97.65% in physical silver, reflecting a strong commitment to the silver asset class while maintaining a minimal allocation to debt and cash.

Performance has been robust, with a 1-year return of +57.5% and a 3-year CAGR of +35.1%, showcasing significant growth potential in the silver investment landscape.

With an AUM of ₹399.25 Cr and an expense ratio of 0.37%, the fund remains accessible while efficiently managing costs, supported by experienced fund managers since June 2024.