Edelweiss Silver ETF

The Edelweiss Silver ETF, managed by Edelweiss Asset Management Limited, is an open-ended scheme designed to track the performance of physical silver in domestic prices.

Utilizing a passive investment strategy, the ETF benchmarks against the LBMA Silver daily spot fixing price, aiming for minimal tracking error of 0.6%.

The fund is heavily concentrated in silver, with 97.64% allocation, posing potential concentration risks, while a small portion is allocated to cash equivalents.

In the past year, the ETF has delivered impressive returns of 57.2%, showcasing strong performance; however, longer-term CAGR metrics are not available.

With an AUM of ₹293.1 Cr and an expense ratio of 0.45%, the fund remains accessible, managed by Mr. Amit Vora, who brings 16 years of experience in the industry.