Silver ETFs are gaining popularity in India as another way to invest in the precious metal without the hassle of physical silver — similar to Gold ETFs but with higher industrial demand exposure. Silver ETF performance has been strong recently, delivering significant returns compared to other asset classes.
Here’s a list of the Top 10 Silver ETFs in India that investors consider for long-term investing in 2026:

1️⃣ Tata Silver Exchange Traded Fund
A leading Silver ETF with one of the largest assets under management and excellent returns tracking silver prices.
2️⃣ Nippon India Silver ETF
One of the most widely held silver ETFs in India, offering reliable exposure to silver price movements.
3️⃣ ICICI Prudential Silver ETF
Strong track record and competitive expense ratio make this a solid long-term choice.
4️⃣ HDFC Silver ETF
Well-managed fund backed by a trusted AMC with consistent price tracking.
5️⃣ SBI Silver ETF
From a well-established mutual fund house; solid choice for exposure to silver.
6️⃣ Aditya Birla Sun Life Silver ETF
Relatively lower expense ratio among Silver ETFs — good for long holding periods.
7️⃣ Kotak Silver ETF
Steady performance with modest expenses makes this suitable for diversified portfolios.
8️⃣ DSP Silver ETF
Another popular option with consistent tracking of silver price movements.
9️⃣ Mirae Asset Silver ETF
Good choice for investors seeking diversified precious metal exposure.
🔟 UTI Silver ETF
Provides exposure to silver’s long-term price performance, ideal for long term investors.
Why Consider Silver ETF in 2026?
Silver ETFs offer:
✔ Exposure to the price of silver without physical ownership
✔ No storage or purity concerns
✔ Easy trading on stock exchanges
✔ Active liquidity during market hours
✔ Portfolio diversification alongside gold and stocks
Silver ETF returns have outpaced many traditional assets recently, driven by strong demand from both investment and industrial usage.
Quick Comparison: Silver ETF vs Physical Silver
| Factor | Silver ETF | Physical Silver |
| Storage | No | Yes |
| Liquidity | High | Moderate |
| Purity | 99.9% Backed | Varies |
| Transaction Cost | Lower | Higher |
| Trading | NSE/BSE | Physical market |
Silver ETF Investment Tips
- Always invest through a Demat + Trading account
- Compare expense ratio & tracking error
- Look at AUM size and liquidity
- Consider a long-term horizon (3–5+ years)
- Combine with gold for better portfolio balance
Silver ETF FAQs
Q: What is a Silver ETF?
A Silver Exchange Traded Fund tracks the price of silver through a tradable fund listed on the stock exchange.
Is Silver ETF safe in India?
Silver ETFs are SEBI-regulated and backed by physical silver, making them safe and transparent.
How is Silver ETF taxed?
👉 Similar to other ETFs, taxation depends on holding period — short term as per income slab and long term with indexation benefits.
Can I buy Silver ETF via SIP?
Yes, you can buy Silver ETF units periodically through your brokerage platform.
Disclaimer
The information provided in this article is for educational and informational purposes only. It should not be considered as financial, investment, or legal advice.
Investments in Gold ETFs and Silver ETFs are subject to market risks, including price fluctuations due to economic, geopolitical, and market conditions. Past performance is not a guarantee of future returns.
Before investing, readers are advised to:
- Do their own research (DYOR)
- Read all scheme-related documents carefully
- Consult a SEBI-registered financial advisor if needed
Upcoming IPO Watch and its authors will not be responsible for any financial losses arising from investment decisions taken based on this content.
Conclusion
Gold ETFs and Silver ETFs have emerged as smart and modern investment options for Indian investors looking for long-term wealth protection and portfolio diversification.
- Gold ETFs offer stability, inflation protection, and safety during market volatility
- Silver ETFs provide higher growth potential due to strong industrial demand and global usage
For 2026 and beyond, adding 10–15% allocation to precious metal ETFs can help balance risk and improve long-term returns.
However, the right ETF selection should always be based on:
- Expense ratio
- Tracking error
- Liquidity
- Long-term investment goals
By investing with a disciplined and long-term approach, Gold and Silver ETFs can play a crucial role in building a strong and resilient investment portfolio.