The current market price of Mirae Asset Silver ETF is ₹253.99. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The Mirae Asset Silver ETF, managed by Mirae Asset Investment Managers, aims to replicate the domestic price of silver, offering investors a passive exposure to this precious metal. This ETF utilizes a tracking approach to align closely with the domestic price of physical silver, making it a straightforward investment vehicle for silver exposure. With an asset under management of ₹287.6 Cr, the fund primarily invests 98.2% in silver, ensuring a concentrated focus on this asset class while maintaining minimal cash reserves. The fund has shown a remarkable change of +231.4% over the past year, indicating strong performance in the context of silver price movements, despite a tracking error of 0.6%. Operating with a low expense ratio of 0.34%, the fund is positioned to provide cost-effective access to silver, appealing to both retail and institutional investors.

Mirae Asset Silver ETF is designed to track Domestic Price of Physical Silver, allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of Mirae Asset Silver ETF is 0.34%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of Mirae Asset Silver ETF is approximately ₹287.56. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

Mirae Asset Silver ETF is classified under the as per the risk-o-meter defined by the fund house risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of Mirae Asset Silver ETF is 0.60%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Mirae Asset Silver ETF does not currently declare dividends and may reinvest earnings into the fund. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, Mirae Asset Silver ETF has delivered the following returns: 1-year return: 176.23%. 3-year return: 255.48%. 5-year return: 255.48%. Past performance does not guarantee future results.

Before investing in Mirae Asset Silver ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.