Silver ETF Tips: Silver ETF is giving more returns than gold, Silver ETF is becoming the center of attraction for investors..

Silver ETF (Exchange Traded Fund) i.e. Silver ETF is becoming very popular for investment among investors. This ETF was launched in 2022. This is the reason why the asset under management (AUM) of Silver ETF has increased more than four times in the last year.

Analysts of rating agency ICRA say that silver is a precious metal and has the ability to deal with the pressure of domestic inflation and geopolitical uncertainty. This is the reason why investors are attracted to Silver ETF. Let us know how much the AUM of Silver ETF has increased in the last year and how much investment has been made in them during this period.

How much is the AUM of Silver ETF
The AUM of Silver ETF reached Rs 12,331 crore. It was Rs 2,844.76 crore in October 2024. At the same time, the AUM of Silver ETF has increased by 215 percent at the end of October 2023. If we talk about the number of folios (accounts) of Silver ETF, then 1.42 lakh folios have been added to it in one year. After this, the total folios became 4.47 lakh. At the end of October 2024, an investment of Rs 643.10 crore was made in Silver ETF folios. During the last year, the total investment in Silver ETF increased by 24 percent.

How much return was received

Silver ETF has given a return of 7.57 in one month, 16.02 in three months, 20.25 in six months, and 32.49 percent in one year. During the last year, Silver ETF has given better returns than Gold ETF in different periods.

What is Silver ETF

Silver ETFs are based on the stock market and track indices, commodities, and bonds. Silver ETFs are being given more preference than physical silver due to the ease of storage of ETFs, better liquidity, and low cost.

Ashwini Kumar, Senior Vice President, ICRA Analytics

He further said that customers have to pay GST on buying physical silver. Silver ETFs provide a more efficient and liquid investment option. Since these are listed on the exchange, it helps investors to trade the units easily.