The Kotak Silver ETF, managed by Kotak Mahindra Asset Management Company Limited, is an open-ended, passive scheme aimed at mirroring the performance of physical silver prices in India.

This ETF employs a strategy focused on tracking the price of silver based on the LBMA daily spot fixing price, ensuring minimal tracking error in its performance.

With a significant allocation of 89.9% in physical silver, the fund exhibits high concentration risk, with the remainder in current assets, highlighting its silver-centric investment approach.

Over the past year, the ETF has delivered an impressive return of 67.4%, reflecting its effective tracking of silver prices, while maintaining a tracking error of just 0.56%.

The fund's AUM stands at ₹1664.2 Cr with a low expense ratio of 0.45%, ensuring cost efficiency, while the experienced management team oversees its operations and performance.