The HDFC Silver ETF, managed by HDFC Asset Management Company Limited, aims to replicate the performance of physical silver, emphasizing a passive investment strategy with a clear objective of tracking domestic silver prices.

This ETF tracks the domestic prices of physical silver, utilizing a replication method to minimize tracking error, ensuring alignment with regulatory standards for silver investment performance.

The portfolio is heavily concentrated in silver, comprising 98.02% of total assets, with a minor allocation of 1.98% to cash and cash equivalents, indicating a focused investment approach with concentration risks.

Performance metrics reveal a remarkable 1-year change of +67.1% and a solid 3-year CAGR of +33.7%, demonstrating strong returns, albeit with a tracking error of 0.55%, indicating effective benchmark alignment.

With an AUM of ₹2425.6 Cr and an expense ratio of 0.45%, the fund is efficiently managed under Bhagyesh Kagalkar, who brings 30 years of experience, ensuring accessibility and liquidity for investors.