The Groww Silver ETF, managed by Groww Mutual Fund, aims to mirror the Domestic Price of Physical Silver through passive investment strategies, focusing on physical silver holdings for returns.

This open-ended scheme employs a tracking approach to align with the Domestic Price of Physical Silver, maintaining a minimal tracking error of 0.69% to enhance investment precision.

The portfolio is heavily concentrated, with 96.76% in Groww SILVER, indicating significant exposure to a single asset, while 3.24% is allocated to liquid assets like TREPS or reverse repos.

Over the past year, the ETF has demonstrated impressive performance with a return of approximately 48.0%, showcasing its effectiveness in tracking silver prices in a volatile market.

With an expense ratio of 0.43% and an AUM of ₹39.65 Cr as of Aug 2025, the fund remains accessible, managed by Mr. Wilfred Gonsalves, who brings seven years of experience.