Silver holds a unique position as both a precious metal and an industrial commodity. Traditionally viewed as a hedge against inflation and currency depreciation, silver has increasingly benefited from rising industrial demand.
Its superior electrical conductivity makes it a key input in solar panels, electric vehicles (EVs), electronics, medical devices, and data centres. EVs consume nearly double the amount of silver compared to internal combustion engine vehicles, while solar energy installations continue to drive long-term demand.
On the supply side, global silver markets have recorded supply deficits for four consecutive years, as production has struggled to keep pace with rising consumption. This persistent imbalance, combined with silver’s safe-haven characteristics, has strengthened its long-term investment narrative.
(Source: The Silver Institute - World Silver Survey 2025 & Oxford Economics Ltd. & The Silver Institute – Silver, The Next Generation Metal (December 2025)
EV: Electric Vehicles
| Period | 1 Year | 3 Years | 5 Years | 7 Years | 10 Years | 12 Years | 15 Years |
| CAGR (%) | 246.3 | 71.5 | 36.5 | 35.3 | 25.8 | 18.7 | 14.3 |
Source: MFI, Bloomberg, FBIL (Financial Benchmarks India Private Limited)
CAGR: Compound Annual Growth Rate
Notes: Silver Price in INR is calculated based on Silver prices from LBMA (London Bullion Market Association) and converted to INR using exchange rates published by FBIL. Correlation is calculated based on daily absolute returns.
The data provided is for illustrative purposes only and should not be construed as a recommendation. Past performance may or may not be sustained in future and is not a guarantee of any future returns.
Source: MFI, Bloomberg, FBIL (Financial Benchmarks India Private Limited) | SIP: Systematic Investment Plan CAGR: Compound Annual Growth Rate
Silver Price in INR is calculated based on London Bullion Market Association (LBMA) USD Silver prices and converted to INR using exchange rates published by FBIL.
Notes: 1) Assuming SIP Installment of Rs. 10,000 on the 5th day of every month
2) Valuation and performance is as on 31st January 2026
3) SIP Performance is calculated on the basis of XIRR returns
4) Fractional units are considered for the purpose of performance calculation
Past performance is not indicative of future returns and may or may not be sustained in future. The performance figures pertain to Silver and does not in any manner indicate the returns / performance of any scheme
Note: The data provided above is for illustrative purposes only and should not be construed as any kind of recommendation.
The Angel One Silver ETF is an open-ended passive fund designed to track domestic silver prices by investing in physical silver of 99.9% purity. As a passively managed scheme, it removes the need for active market timing or commodity selection, offering investors a simple and transparent way to gain exposure to silver.
The ETF units can be bought and sold on the NSE like equity shares. They may also qualify for margin benefits, depending on applicable exchange regulations.
| Particulars | Details |
| Scheme Name | Angel One Silver ETF |
| Scheme Type | Open-ended scheme replicating/tracking domestic price of silver |
| Benchmark | Domestic Price of Silver |
| Fund Managers | Mr. Mehul Dama and Mr. Kewal Shah |
| NFO Period | February 9, 2026 – February 19, 2026 |
| Minimum Investment (During NFO) | ₹1,000 and in multiples of ₹1 thereafter |
| Exit Load | Nil |
| Listing | Units to be listed on NSE within five working days from allotment |
Please refer to the SID for other scheme features such as investment objective, asset allocation pattern, risk factors, etc., as attached below.
The product labelling assigned during the NFO is based on internal assessment of the scheme characteristics or model portfolio, and the same may vary post NFO when the actual investments are made.
NSE Ltd. Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Documents
Published on: Feb 5, 2026, 12:43 PM IST
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