Silver ETFs Gains in 2026: Tata Silver ETF FoF, Nippon India Silver ETF and Others

Silver prices have begun 2026 on a strong footing, lifting the performance of silver-linked exchange traded funds. With MCX silver futures reaching ₹3,19,949 per kg, commodity-based funds have posted notable gains in a short period. 

Investor interest has been supported by safe-haven demand and silver’s industrial relevance, shaping fund performance across the category.

Silver ETFs Post Robust Early Year Returns

In the first 20 days of 2026, silver-based ETFs and fund-of-fund products have delivered returns exceeding 25% in several cases. Out of 29 silver-focused funds operating in the current calendar year, eight have recorded gains above 30%.

These returns have coincided with MCX silver futures touching ₹3,19,949 per kg, reflecting continued upward momentum in silver prices.

Performance Overview of Leading Silver ETFs in 2026

One-Year Performance Remains Elevated

Over the past year, silver-based ETFs have also reported substantial gains. Tata Silver ETF has been the strongest performer over the one-year period, while Nippon India Silver ETF has delivered a return of around 212%. UTI Silver ETF has recorded approximately 206% returns over the same timeframe.

During this period, silver prices have risen by more than 170%, outpacing gold, which has gained over 70%. 

Both metals continue to be viewed as safe-haven assets, while silver also benefits from industrial demand, adding another layer of support in the current macroeconomic environment.

Key Drivers Behind Silver’s Price Momentum

Market reports attribute the sustained rise in silver prices over the last year to several factors. 

These include silver’s recognition as a critical mineral in the United States, ongoing supply constraints, and steady industrial consumption. 

At the same time, investor allocations towards precious metals have remained firm amid global economic uncertainty.

Silver’s dual role as a precious and industrial metal has helped maintain demand from both manufacturing sectors and investment channels.

Read More: Top 3 Geopolitical Developments Across Regions and Their Role in Supporting Gold and Silver Prices.

Conclusion

Silver-linked ETFs have recorded strong early gains in 2026, supported by rising silver prices and steady demand dynamics. While recent performance reflects favourable market conditions, returns remain linked to underlying commodity price movements.

Investors are likely to continue tracking global supply trends, industrial demand, and broader macroeconomic cues to assess the outlook for silver-based investment products.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal 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 in the securities market are subject to market risks, read all the related documents carefully before investing.