The Nippon India Silver ETF, managed by Nippon Life India Asset Management Limited, aims to track the performance of physical silver through a passive investment strategy focused on silver-related instruments.

This fund's benchmark is the Domestic Price of Silver, relying on the LBMA Silver daily spot fixing price to ensure accurate tracking of silver's market performance.

With a substantial concentration in silver at 97.86%, the portfolio exhibits minimal diversification, with cash and receivables constituting only 2.14% of assets, indicating potential concentration risk.

The fund has demonstrated impressive performance, with a 1-year change of +66.3% and a 3-year CAGR of +34.0%, showcasing strong returns in a favorable market for silver investments.

With an AUM of ₹17525.3 Cr and an expense ratio of 0.56%, the fund maintains operational efficiency, while manager Vikram Dhawan brings over 31 years of experience since taking charge in February 2022.