Silver ETFs: Best Silver Index Funds in India (2026)
Silver prices in India have surged 74% in the first month of 2026, reaching a record ₹4 lakh per kilogram. This sharp increase has drawn attention to silver as a significant asset in the market. As the demand for silver rises, silver ETFs have become a popular instrument for investors looking to gain exposure to the metal. Let’s take a look at some of the best Silver ETFs in India, along with their live share prices, expense ratios, and other key metrics.
Silver ETFs - List of Best Silver ETFs in India 2026
Silver ETF Screener
Silver ETF Screener: Analyse & Filter Indian ETFs on Tickertape
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@tickertapetickertapeShowing 1 - 18 of 18 results
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| NameStocks (18)↓ | ↓Sub-SectorSub-Sector↓ | ↓Market CapMarket Cap↓ | ↓Close PriceClose Price↓ | ↓1D Return1D Return↓ | ↓1M Return1M Return↓ | ↓6M Return6M Return↓ | ↓1Y Return1Y Return↓ | ↓Volatility vs NiftyVolatility vs Nifty↓ | ↓Expense RatioExpense Ratio↓ | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Nippon India Silver ETFSILVERBEES | SilverSilver | 25,725.5825,725.58 | 227.93227.93 | -6.42-6.42 | -5.19-5.19 | 33.4233.42 | 121.31121.31 | 4.124.12 | 0.580.58 | |
| 2. | Tata Silver Exchange Traded FundTATSILV | SilverSilver | 4,941.554,941.55 | 23.0823.08 | -6.56-6.56 | -5.41-5.41 | 32.7232.72 | 121.28121.28 | 4.284.28 | 0.330.33 | |
| 3. | ICICI Prudential Silver ETFSILVERIETF | SilverSilver | 400.75400.75 | 238.40238.40 | -6.24-6.24 | -4.91-4.91 | 33.8033.80 | 122.53122.53 | 3.973.97 | 0.340.34 | |
| 4. | HDFC Silver ETFHDFCSILVER | SilverSilver | 87.3087.30 | 227.58227.58 | -6.55-6.55 | -5.37-5.37 | 32.5432.54 | 120.12120.12 | 4.344.34 | 0.500.50 | |
| 5. | Mirae Asset Silver ETFSILVERAG | SilverSilver | 86.2286.22 | 232.84232.84 | -6.07-6.07 | -4.73-4.73 | 33.8333.83 | 122.35122.35 | 4.214.21 | 0.310.31 | |
| 6. | DSP Silver ETFSILVERADD | SilverSilver | 77.9677.96 | 229.55229.55 | -6.49-6.49 | -5.22-5.22 | 33.2433.24 | 121.66121.66 | 4.054.05 | 0.340.34 | |
| 7. | Aditya BSL Silver ETFSILVER | SilverSilver | 65.1665.16 | 238.37238.37 | -6.25-6.25 | -4.87-4.87 | 33.6833.68 | 122.65122.65 | 4.194.19 | 0.300.30 | |
| 8. | SBI Silver ETFSBISILVER | SilverSilver | 57.4857.48 | 233.57233.57 | -6.35-6.35 | -5.09-5.09 | 33.2333.23 | 121.44121.44 | 4.144.14 | 0.410.41 | |
| 9. | Kotak Silver ETFSILVER1 | SilverSilver | 42.3342.33 | 23.1123.11 | -6.48-6.48 | -5.25-5.25 | 33.2333.23 | 121.83121.83 | 4.174.17 | 0.350.35 | |
| 10. | Axis Silver ETFAXISILVER | SilverSilver | 29.8529.85 | 237.53237.53 | -6.04-6.04 | -4.77-4.77 | 33.9033.90 | 122.30122.30 | 4.104.10 | 0.420.42 | |
| 11. | Zerodha Silver ETFSILVERCASE | SilverSilver | 22.4822.48 | 24.2824.28 | -6.18-6.18 | -4.86-4.86 | 33.9233.92 | 122.75122.75 | 4.074.07 | 0.340.34 | |
| 12. | Edelweiss Silver ETFESILVER | SilverSilver | 16.6016.60 | 238.20238.20 | -6.22-6.22 | -4.94-4.94 | 33.2033.20 | 121.95121.95 | 3.993.99 | 0.500.50 | |
| 13. | UTI Silver Exchange Traded FundSILVERBETA | SilverSilver | 16.1616.16 | 229.97229.97 | -6.52-6.52 | -5.21-5.21 | 33.1333.13 | 120.91120.91 | 4.154.15 | 0.590.59 | |
| 14. | 360 ONE Silver ETFSILVER360 | SilverSilver | 16.1116.11 | 234.76234.76 | -6.21-6.21 | -4.55-4.55 | 33.5433.54 | 119.42119.42 | 3.953.95 | 0.460.46 | |
| 15. | Bandhan Silver ETFSILVERBND | SilverSilver | 12.5212.52 | 237.58237.58 | -6.62-6.62 | -5.23-5.23 | 21.8721.87 | 21.8721.87 | 5.655.65 | 0.380.38 | |
| 16. | Motilal Oswal Silver ETFMOSILVER | SilverSilver | 10.9810.98 | 236.11236.11 | -6.08-6.08 | -4.71-4.71 | 33.5133.51 | 106.52106.52 | 4.414.41 | 0.590.59 | |
| 17. | Groww Silver ETFGROWWSLVR | SilverSilver | 2.192.19 | 23.3223.32 | -6.50-6.50 | -5.28-5.28 | 33.2433.24 | 120.37120.37 | 4.274.27 | 0.530.53 | |
| 18. | Angel One Silver ETFAONESILVER | SilverSilver | -- | 9.149.14 | -5.97-5.97 | -3.79-3.79 | -17.14-17.14 | -17.14-17.14 | 3.623.62 | 0.530.53 |
Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.
Selection Criteria - ETF > Silver | Sorted based on market capitalisation.
Selection Criteria - ETF > Silver | Sorted based on market capitalisation.
Overview of Top Silver ETFs in India
Nippon India Silver ETF
Nippon India Silver ETF aims to track the price of silver by investing in physical silver or silver‑related assets. It offers a convenient way to gain exposure to silver price movements without owning physical silver.
ICICI Prudential Silver ETF
Managed by ICICI Prudential Mutual Fund, this ETF reflects the performance of silver prices. It provides investors with a cost‑effective and liquid way to invest in silver through the stock exchange.
HDFC Silver ETF
Offered by HDFC Mutual Fund, this Silver ETF tracks the price of silver by holding physical silver. It helps investors participate in silver’s price trends without the need for physical storage.
Mirae Asset Silver ETF
This ETF from Mirae Asset Mutual Fund seeks to replicate the price movements of silver. It is designed for investors seeking an easy and efficient way to invest in silver via the stock market.
DSP Silver ETF
Managed by DSP Mutual Fund, this Silver ETF invests in silver or silver‑linked assets to mirror silver price changes. It offers a transparent and accessible route to invest in silver without owning the metal physically.
What are Silver ETFs?
Silver ETFs in India are exchange-traded funds that aim to track the price of silver. These ETFs hold silver in physical form or through silver-related assets, allowing investors to gain exposure to silver's price movements without having to purchase or store physical silver.
How to Invest in Silver ETFs?
Investing in silver ETFs in India using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in silver ETFs:
- Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
- Search for silver ETFs: Go to Tickertape Stock Screener and search for the ‘silver ETF’.
- Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, and more to create silver ETFs list.
- Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
- Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
- Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.
You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!
Recent Updates on Silver Sector in India 2026
- Record Price Rally: Silver futures in India touched a record high of ₹3,54,780 per kg in January 2026, supported by global price gains and rupee weakness.
- Sharp Volatility: Silver later corrected sharply, with global prices falling to a three-month low in March 2026 before stabilising in May. This shows the high volatility in silver-linked assets.
- Import Restrictions: India restricted certain silver imports in May 2026 after silver imports hit a record $12 bn in FY25-26, compared with $4.8 bn a year earlier.
- Global Supply Deficit: The global silver market is expected to remain in deficit for the sixth consecutive year in 2026, keeping supply-demand conditions tight.
- Demand Pressure: High prices have affected jewellery and silverware demand, especially in India, even as investment demand remains strong.
Advantages of Investing in Silver ETFs in India
Exchange-Traded Silver Exposure
Silver ETFs offer exposure to domestic silver prices without the need to store physical silver. These funds trade on stock exchanges and usually hold physical silver or silver-related instruments.
Strong Investor Participation
Silver ETFs saw sharp growth in 2026. In January 2026, silver ETF inflows rose 139% month-on-month to ₹9,463 cr, while AUM increased 61% to ₹1.16 lakh cr.
Industrial Demand Link
Silver is used in solar panels, electronics, EV components, and electrical equipment. In 2026, global industrial silver demand is projected at 650 mn ounces, keeping industrial use central to silver’s demand base.
Portfolio Diversification
Silver behaves differently from equities and debt because it is linked to both precious metal demand and industrial cycles. This gives Silver ETFs a different return driver within a portfolio.
No Physical Storage Risk
Silver ETFs remove the need for lockers, purity checks, insurance, or physical handling. This makes them operationally simpler than holding silver bars or coins.
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Risks of Investing in Silver ETFs in India
Price Volatility
Silver prices can move sharply due to industrial demand, global supply, interest rates, currency movement, and investor sentiment. In 2026, silver had already risen 14% year-to-date after a strong rally in 2025.
Tracking Difference
Silver ETFs aim to track domestic silver prices, but returns may differ because of expenses, cash holdings, liquidity, and operational factors.
Liquidity Risk
Some Silver ETFs may trade with lower volumes or wider bid-ask spreads. This can affect execution price, especially during volatile market phases.
Supply Tightness Risk
India saw physical silver supply tightness in 2025, which led some AMCs to temporarily halt fresh investments in silver ETF FoFs. Such events can affect valuation and liquidity.
Demand Slowdown Risk
Silver demand can weaken when prices rise sharply. In 2026, jewellery demand is expected to fall 9% and silverware demand may fall 17%, with India leading the drop due to high prices.
Factors to Consider Before Investing in Silver ETFs
Expense Ratio
Silver ETFs charge an annual expense ratio, which reduces net returns over time. Comparing costs across funds can help assess the overall efficiency of the ETF structure.
Tracking Difference
Silver ETFs aim to track domestic silver prices, but returns may vary slightly because of expenses, cash positions, and operational factors. Lower tracking difference generally indicates closer alignment with silver prices.
Liquidity
Trading volume and bid-ask spreads matter because Silver ETFs trade on stock exchanges. Higher liquidity can make buying and selling smoother during market hours.
Industrial Demand Trends
Silver demand is closely linked to sectors such as solar energy, electronics, EVs, and electrical equipment. Changes in industrial demand can influence silver prices and ETF performance.
Volatility
Silver prices can be more volatile than gold because silver is influenced by both precious metal demand and industrial cycles. Sharp price movements can affect short-term returns.
Taxation on Silver ETFs
The tax treatment for Silver ETFs depends on the holding period. Below is the breakdown of the tax treatment for short-term and long-term gains:
| Type of Gain | Holding Period | Tax Rate |
|---|---|---|
| Short-Term Capital Gains (STCG) | Less than 12 months | Taxed at your income tax slab rate |
| Long-Term Capital Gains (LTCG) | More than 12 months | 12.5% (without indexation) |
Conclusion
Silver ETF in India is a simple and cost-effective way to invest in silver without dealing with physical silver. They offer flexibility, transparency, and easy access to the price movements of silver. However, like all investments, they come with risks such as price fluctuations, market fluctuations, tracking errors, and more.
Before investing in Silver ETFs, it’s important to consider factors like market trends, how long you plan to invest, and potential regulatory changes. By understanding these, investors can make better decisions. Using tools like the Tickertape Stock Screener, with over 200 filters, can help investors compare and choose the right Silver ETF in India that matches their investment thesis.
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Frequently Asked Questions on Silver ETFs
What are silver ETFs on NSE?
Silver ETFs are exchange-traded funds that track the price of silver. They allow investors to invest in silver without physically buying or storing the metal, and to trade it on stock exchanges like shares.Which silver ETF is best?
As of 29th May 2026, some of the best silver ETFs in India include- Nippon India Silver ETF(SILVERBEES)
- ICICI Prudential Silver ETF
- HDFC Silver ETF
- Mirae Asset Silver ETF
- DSP Silver ETF
Disclaimer: The above silver ETF list in India is for educational purposes only and should not be considered investment advice.
How do silver ETFs work?
Silver ETFs hold physical silver or silver-related assets, and their value reflects the market price of silver. When investors buy ETF units, they gain exposure to silver via exchange-traded instruments without holding the metal physically.Is silver ETF a good investment?
A silver ETF fund comes with risks such as price volatility, tracking errors, and liquidity concerns, especially in volatile markets. Investors usually assess these factors along with financial goals before evaluating a silver ETF list.Disclaimer: This information is for educational purposes only and should not be considered investment advice.
How can investors purchase Silver ETFs in India?
Investing in silver ETFs through Tickertape is simple:- You can sign up or log in, open the Stock Screener, and look for the Silver category under ETFs.
- Filters such as market cap, price, and returns help you review options and compare performance data.
- Once you identify a suitable ETF, you can track it using your watchlist and place an order through your linked brokerage account.
Is a silver ETF risky?
A silver ETF can be risky because silver prices can fluctuate sharply. Other risks include tracking differences, liquidity concerns, and counterparty risk related to entities holding the physical silver. These risks can also affect the silver ETF share price.Disclaimer: This information is for educational purposes only and should not be considered investment advice.
Is silver ETF better than FD?
Silver ETFs and fixed deposits serve different purposes. Silver ETFs offer market-linked exposure to silver prices, while FDs offer fixed returns. Comparing silver ETFs with FDs depends on risk tolerance, return expectations, and liquidity needs.Disclaimer: This information is for educational purposes only and should not be considered investment advice.
What is SBI Silver ETF, and how to trackthe SBI Silver ETF price?
The SBI Silver ETF is an exchange-traded fund offered by SBI Mutual Fund that tracks the price of silver. Investors can track the SBI Silver ETF price and broader silver ETF share price trends on Tickertape.How can I track the silver ETF price today?
The price of the silver ETF today can be tracked using the Tickertape Stock Screener. Investors can also analyse ETFs using filters such as price trends, trading volume, and performance data across the silver ETF list.What is Tata Silver ETF, and how to track Tata Silver ETF price?
The Tata Silver ETF is an exchange-traded fund that tracks the price of silver. Investors can track Tata Silver ETF price in real time with tools like Tickertape Stock Screener and compare it with other silver ETFs.How can I track Nippon SILVERBEES share price?
11. Investors can track Nippon SILVERBEES share price in real time using tools like the Tickertape Stock Screener. The silver bees ETF can also be analysed for price trends, past returns, and other metrics.Can I withdraw silver ETF anytime?
Yes. Silver ETFs can be bought and sold on the stock exchange during market hours, just like stocks. However, the exit price can vary based on market conditions and the live silver ETF share price.How to invest in Silver ETFs?
Investing in silver ETFs using Tickertape is simple. Here's how you can get started:- Sign Up and Log In: Create an account or log in to Tickertape.
- Search for Silver ETFs: Use the Tickertape Stock Screener and select "Silver" under ETF Category.
- Use Filters: Apply filters to narrow down ETFs by criteria like market cap and price.
- Analyse ETF Data: Review data on each ETF, including performance and projections.
- Add to Watchlist: Keep track of potential ETFs by adding them to your watchlist.
- Invest Through Your Broker: Place a buy order through your linked brokerage account.
Stay updated with alerts on your favourite ETFs and analyse your portfolio with Tickertape.
What are SilverBeES?
Nippon India Silver ETF, commonly known as SilverBeES, is an exchange-traded fund that aims to track domestic silver prices. Each unit of the silver bees ETF represents silver held in physical form by the fund.How do Silver Mutual Funds differ from Silver ETFs?
Silver ETFs trade on exchanges and require a demat account, while silver mutual funds can be purchased directly from fund houses. ETF prices change throughout the day, whereas mutual funds transact at end-of-day NAV. Investors may compare both using a silver ETF list.
