The UTI Silver ETF, managed by UTI Asset Management Company Limited, is an open-ended scheme aimed at mirroring the performance of physical silver in domestic markets, subject to tracking error.

The fund's investment strategy focuses on replicating the domestic price of silver, with a significant allocation of 97.56% in silver bullion, ensuring alignment with its benchmark.

Currently, the fund boasts an asset under management of ₹360.8 Cr, reflecting a strong market position, alongside a competitive expense ratio of 0.53%, enhancing cost efficiency for investors.

In the past year, the ETF has demonstrated impressive performance, with a remarkable change of +66.4%, showcasing its effectiveness in tracking silver prices amidst market fluctuations.

Fund managers Mr. Sharwan Kumar Goyal and Mr. Ayush Jain, both starting from May 2025, oversee the ETF, ensuring professional management aligned with investor interests in silver assets.