Nippon India Silver ETF (SILVERBEES)

Profile

Nippon India Silver ETF is an open-ended exchange-traded fund that invests primarily in physical silver and/or silver exchange-traded commodity derivatives. Its core purpose is to generate returns closely corresponding to the domestic price performance of physical silver, before expenses, subject to tracking errors, by replicating the returns of silver as represented by relevant benchmarks like the domestic price of silver index. This passive investment vehicle holds physical silver assets, enabling investors to gain exposure to the precious metals commodity market without the need for direct ownership or storage of bullion. Priced approximately per gram of domestic silver, it offers a convenient way to participate in silver price movements through a single-asset, physically backed structure managed by Nippon Life India Asset Management Ltd. Nippon India Silver ETF serves investors seeking commodity diversification within their portfolios, focusing on the global silver market with an emphasis on Indian domestic pricing dynamics. Launched in 2022, it underscores the growing accessibility of silver as an asset class in modern portfolios.