The Edelweiss Silver ETF, managed by Edelweiss Asset Management Limited, is an open-ended scheme aimed at replicating the performance of physical silver prices in the domestic market.

Utilizing a passive investment style, the fund benchmarks itself against the LBMA Silver daily spot fixing price, focusing on minimizing tracking error while aligning with silver's price movements.

The portfolio is heavily concentrated in silver, with a 97.64% allocation, supplemented by a minor 2.36% in TREPS, indicating a high concentration risk associated with silver price volatility.

Over the past year, the ETF has delivered an impressive return of +66.6%, while maintaining a tracking error of 0.6%, highlighting effective management in closely following its benchmark.

With an AUM of ₹293.1 Cr and a competitive expense ratio of 0.45%, the fund is positioned for accessibility and efficiency, managed by Mr. Amit Vora, who brings 16 years of experience.