Silver ETF
Also called Silver exchange-traded fund
A SEBI-regulated fund that keeps at least 95% of its money in silver and silver-linked instruments and trades on the stock exchange like a share.
A silver ETF is a fund that holds silver and is listed on the stock exchange, so you buy and sell it like a share through a demat account. SEBI has allowed them since November 2021. Its price follows the Indian price of silver, which swings more than gold. Read the full guide in silver ETF explained.
Questions people ask
What is a silver ETF?
An exchange-traded fund that invests at least 95% of its money in silver and silver-linked instruments, under SEBI's rules. Its units are listed on the stock exchange, so you buy and sell them through a broker during market hours.
Do I need a demat account for a silver ETF?
Yes, because it trades on the stock exchange. Without one, a silver fund of funds buys silver ETF units for you and works like any mutual fund.
How is a silver ETF taxed?
Gains on units held more than 12 months are long-term and taxed at 12.5% without indexation. Shorter-term gains are taxed at your slab rate.
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