The SBI Silver ETF, managed by SBI Funds Management Limited, is an open-ended fund designed to track the price of silver, employing a passive investment strategy to achieve its objectives.

This ETF aims to mirror the domestic price performance of physical silver, utilizing a tracking approach to minimize tracking error, currently noted at 0.6173%.

Portfolio concentration is significant, with 97.88% allocated to precious metals, primarily silver, indicating a focused but risky investment strategy in a single asset class.

Over the past year, the fund has demonstrated impressive performance, with a change of +66.4%, showcasing its alignment with the volatile nature of silver prices.

With a fund size of ₹1982.4 Cr and an expense ratio of 0.4%, the ETF is positioned for efficient management, facilitated by Ms. Vandna Soni, who has 12 years of experience.