Zerodha Silver ETF

The Zerodha Silver ETF, managed by Zerodha Asset Management Private Limited, is an open-ended passive scheme aiming to replicate the returns of silver prices through physical silver investments.

This ETF tracks the domestic price of silver, employing a straightforward approach to mirror silver's market performance, ensuring minimal tracking error of 0.93% against its benchmark.

The portfolio is heavily concentrated in physical silver, comprising 97.18% of total assets, with minimal allocations to cash equivalents and TREPS, indicating a focused investment strategy.

In the past year, the ETF has demonstrated impressive performance, posting a 43.1% increase, positioning it favorably within the silver investment category amidst market volatility.

With an AUM of ₹75.1 Cr and a low expense ratio of 0.33%, the fund offers cost-efficient access to silver investments, underpinned by experienced management since March 2025.