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List of Best Silver ETFs in India 2026

In 2025, silver became one of the most dynamic assets in India, driven by strong investment and industrial demand. Silver prices surged over 150% year-to-date, reaching ₹2 lakh per kg. Silver ETFs also saw triple-digit returns of around 100% or more, outperforming other asset classes. This growing demand continues to increase the adoption of Silver ETFs in India.

Top Silver ETFs in 2026

Silver ETF Screener

Silver ETF Screener: Analyse & Filter Indian ETFs on Tickertape

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Showing 1 - 17 of 17 results

last updated at 9:45 PM IST 
NameStocks (17)↓↓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 ETFSILVERBEESSilverSilver39,718.7339,718.73351.91351.915.995.9947.8347.83221.32221.32299.85299.853.023.020.560.56
2.ICICI Prudential Silver ETFSILVERIETFSilverSilver617.35617.35367.25367.255.525.5246.7346.73222.52222.52301.89301.892.862.860.400.40
3.HDFC Silver ETFHDFCSILVERSilverSilver136.34136.34355.42355.425.815.8148.2648.26223.99223.99303.06303.063.143.140.450.45
4.Mirae Asset Silver ETFSILVERAGSilverSilver134.15134.15362.27362.276.146.1448.4848.48225.14225.14305.13305.133.083.080.340.34
5.DSP Silver ETFSILVERADDSilverSilver119.52119.52351.92351.923.813.8146.6346.63219.93219.93298.82298.822.862.860.400.40
6.Aditya BSL Silver ETFSILVERSilverSilver100.35100.35367.12367.125.135.1348.1448.14221.81221.81302.01302.013.243.240.350.35
7.SBI Silver ETFSBISILVERSilverSilver88.1788.17358.24358.245.045.0445.4845.48219.32219.32298.49298.492.902.900.400.40
8.Kotak Silver ETFSILVER1SilverSilver65.5265.52357.72357.727.277.2750.9450.94222.76222.76301.53301.532.782.780.450.45
9.Axis Silver ETFAXISILVERSilverSilver46.6946.69371.47371.476.836.8351.1051.10226.77226.77307.09307.093.033.030.400.40
10.Tata Silver Exchange Traded FundTATSILVSilverSilver41.7641.7634.9434.945.185.1841.8041.80214.77214.77293.91293.913.263.260.440.44
11.Zerodha Silver ETFSILVERCASESilverSilver34.9934.9937.8037.805.795.7950.3650.36225.58225.58271.68271.683.223.220.330.33
12.Groww Silver ETFGROWWSLVRSilverSilver33.5633.56357.22357.226.166.1640.7240.72217.47217.47264.96264.963.693.690.430.43
13.Edelweiss Silver ETFESILVERSilverSilver25.7125.71368.91368.916.956.9550.4050.40222.47222.47300.60300.603.003.000.470.47
14.UTI Silver Exchange Traded FundSILVERBETASilverSilver24.9624.96355.03355.035.245.2449.0049.00220.28220.28298.95298.952.932.930.580.58
15.360 ONE Silver ETFSILVER360SilverSilver24.4924.49356.89356.896.036.0348.8148.81218.65218.65267.17267.173.333.330.410.41
16.Bandhan Silver ETFSILVERBNDSilverSilver20.0420.04380.24380.248.768.7655.2055.2095.0595.0595.0595.056.586.580.450.45
17.Motilal Oswal Silver ETFMOSILVERSilverSilver17.5417.54377.27377.279.469.4655.9055.90229.98229.98229.98229.983.883.880.550.55
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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: Sub-sector: Silver ETFs| Market Cap: Sorted from Highest to Lowest

Overview of Top Silver ETFs in India

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:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. Search for silver ETFs: Go to Tickertape Stock Screener and search for the ‘silver ETF’.
  3. 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.
  4. 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.
  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  6. 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!

Advantages of Investing in Silver ETFs in India

Convenient Exposure to Silver

Silver ETFs in India let investors gain exposure to silver prices without owning or storing the metal physically. This removes concerns related to security, insurance, and storage costs that come with holding physical silver.

Liquidity and Flexibility

Listed on major stock exchanges like NSE and BSE, Silver ETFs can be bought and sold easily during market hours. They offer high liquidity, allowing investors to quickly enter or exit their positions.

Transparent and Real-Time Tracking

Silver ETF prices move in line with the current market price of silver. Investors can track their investment value in real time, ensuring full transparency and clarity on performance.

Simplicity of Investment

Investors only need a demat and trading account to invest in Silver ETFs, making the process simple. They don’t need large capital or the hassle of handling physical silver, which makes it accessible to a wide range of investors.

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Risks of Investing in Silver ETFs in India

Market Volatility

Silver prices fluctuate sharply due to economic conditions, inflation, and geopolitical events. These changes may cause potential losses, especially in the short term.

Tracking Error

Silver ETFs aim to mirror silver’s price, but their returns may not always match it. Factors like management fees, transaction costs, and market conditions create this difference, called tracking error.

Counterparty Risk

Silver ETF in India holds physical silver in vaults managed by custodians. There is a risk associated with the custodians, such as potential financial instability or fraud, which could impact the ETF’s value.

Regulatory Risk

Government policy or regulatory changes, such as new taxes on silver or revised import duties, can influence Silver ETF performance. Any change in silver-related laws may impact investment returns.

Economic and Global Factors

Global demand, industrial use, and investor sentiment drive silver prices. An economic slowdown or reduced demand from sectors like technology or manufacturing can lower silver prices and, consequently, silver ETF performance.

Factors to Consider Before Investing in Silver ETFs

Price Volatility

Silver prices fluctuate due to factors like global economic conditions, inflation, and industrial demand. Before investing in Silver ETFs, investors should check their risk tolerance and track short-term price changes.

Expense Ratio

Silver ETFs charge management fees called expense ratios. Although these fees are usually lower than those of other gold-related funds, comparing expense ratios across different Silver ETFs is essential, as they can affect long-term returns.

Taxation

Silver ETF in India falls under capital gains tax rules. Long-term gains (held for over 36 months) are taxed at 20% with indexation benefits, while short-term gains (held for less than 36 months) are taxed at a higher rate. Investors should understand how these taxes influence potential returns.

Performance Tracking

Silver ETFs aim to track silver prices closely. However, tracking error can cause the ETF’s performance to differ slightly from silver’s actual price movement. Investors should check the ETF’s historical performance and tracking accuracy before investing.

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

  1. What are silver ETFs?

    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. Silver ETFs are traded on stock exchanges, just like stocks.

  2. Which silver ETF is best?

    As of 1st January 2026, some of the best Silver ETFs in India include:
    1. Nippon India Silver ETF
    2. ICICI Prudential Silver ETF
    3. HDFC Silver ETF
    4. Mirae Asset Silver ETF
    5. DSP Silver ETF

    Disclaimer: The above silver ETFs list in India is for educational purposes only and should not be considered investment advice.

  3. How do silver ETFs work?

    Silver ETF fund holds physical silver or silver-related assets, and its value reflects the market price of silver. When investors buy units of the ETF, they are gaining exposure to silver, which can be bought or sold on the stock exchange.

  4. Is silver ETF a good investment?

    Silver ETF fund comes with risks like price volatility, tracking errors, and liquidity concerns, especially in volatile markets. Investors should consider these factors and their financial goals before investing in Silver ETFs.

  5. Is silver ETF taxable in India?

    Yes, Silver ETFs are taxable in India. Short-term capital gains (if held for less than 12 months) are taxed at the investor's income tax slab rate, while long-term capital gains (held for more than 12 months) are taxed at a flat rate of 12.5%, with no indexation benefits.

  6. Is silver ETF risky??

    The main risks include market volatility (silver prices can fluctuate), tracking errors (the ETF’s performance may differ from the silver price), liquidity concerns, and counterparty risk related to the entities holding the physical silver.

  7. Can I withdraw silver ETF anytime?

    Yes, Silver ETFs can be bought and sold on the stock exchange during market hours, just like stocks, providing liquidity and flexibility. However, the ETF silver price may vary based on market conditions.

  8. Is silver ETF better than FD?

    Silver ETFs and Fixed Deposits (FDs) serve different purposes. Silver ETF fund offers exposure to silver, which can provide protection against inflation and market volatility, while FDs offer guaranteed returns but are less flexible. Silver ETFs have the potential for higher returns based on silver price movements, while FDs provide stable, fixed returns.

Disclaimer: This article is for informational purposes only. The content of the article including securities/investment products mentioned if any, should not in any manner be construed as an investment advice, recommendation, offer, solicitation to buy/hold/sell any securities/investment products. The securities quoted if any, are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered financial advisor before investing.