Nippon India Silver ETF

The Nippon India Silver ETF, managed by Nippon Life India Asset Management Limited, is an open-ended passive scheme aimed at tracking the performance of physical silver through direct investments.

This fund replicates the Domestic Price of Silver, utilizing the LBMA Silver daily spot fixing price as its benchmark, ensuring alignment with silver market movements.

The portfolio is heavily concentrated in physical silver, comprising 97.8% of total holdings, with minimal exposure to cash and receivables, indicating a focused investment strategy.

Over the past year, the fund has delivered an impressive return of 57.4%, while the three-year CAGR stands at 35.3%, showcasing strong performance in a volatile asset class.

With an AUM of ₹10,851.8 Cr and an expense ratio of 0.56%, the fund offers efficient management under seasoned manager Vikram Dhawan, enhancing accessibility for investors.