Stay updated with breaking news from Axis Silver Etf. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In the three month horizon, the schemes lost around 2.57%. Aditya Birla Sun Life Silver ETF lost the most of around 4.01%. In nine months, the schemes have offered double-digit returns of around 12.65% and 20.60% in one year horizon.
According Amfi data, the industry has seven silver ETFs with an asset under management of ₹1,792 crore as of March 2023. All these funds were launched in 2022
Both the funds will be benchmarked against the LBMA Silver daily spot AM fixing price and the subscription for the NFOs are open till September 15.