Zerodha Silver ETF, managed by Zerodha Asset Management Private Limited, aims to replicate the performance of physical silver prices, highlighting its passive investment style and objective to track domestic silver prices.

The ETF employs a straightforward strategy focused on physical silver, with its benchmark being the Domestic Price of Physical Silver, ensuring a close alignment with silver market movements.

The portfolio is heavily concentrated in silver, comprising 97.1% of its assets, with minimal allocations to cash and TREPS, indicating a focused exposure to silver market fluctuations.

Over the past year, the ETF has delivered a remarkable return of +52.8%, showcasing strong performance despite the absence of longer-term CAGR data, reflecting the volatility and potential of silver investments.

With an AUM of ₹95.8 Cr and an expense ratio of 0.34%, the fund is positioned competitively, while its tracking error of 0.87% suggests efficient management in aligning with its benchmark.