Which silver ETF should you invest in?:Nippon India silver ETF up 145% in 3 years; find here other top performing mutual funds

The price of silver reached an all-time high of ₹1,35,267 per kilogram on September 23. So far this year, the white metal has become more expensive by about ₹49,000, meaning its price has increased by 57%. According to experts, the industrial demand for silver is increasing, which could push silver to ₹1,40,000 this year. In such a scenario, if you are planning to invest in silver, a Silver ETF could be the right option. Through this, you can invest in silver just like you would in shares. You can start with a very small amount, as low as with ₹150. What is a Silver ETF? Silver ETF means Silver Exchange Traded Fund. It is just like a regular mutual fund based on the prices of silver. You invest money in it, and this money fluctuates according to the price of the white metal. But you don’t need to buy any physical silver in realty. No need for a vault, no locker. The fund house does all this work, and you can buy and sell it on the stock exchange (like NSE or BSE) through a demat account, just like in case of shares. How does it work? The fund house of the Silver ETF buys real silver, which is 99.9% pure. Now the mutual fund you buy is priced according to the market value of silver. If the commodity shines, then, the value of your ETF also surges. And selling it is easy too, just sell it during trading time in the stock market. There are many benefits of investing in Silver ETFs There are some risks involved Silver ETF return Things to Consider When Choosing a Silver ETF Disclaimer: This story is for informational purposes only. We advise investors to consult experts before making any investment decisions.