Silver ETFs See Strong Gains in 2025 as UTI and ICICI Prudential Funds Lead the Rise

Silver ETFs have shown marked growth in 2025, drawing attention as several funds recorded gains of over 100% this year. With increased interest in the metal and evolving global trends, the category has seen heightened activity.
The performance has varied across funds, with UTI Silver ETF and ICICI Prudential Silver ETF standing out among those showing firm upward movement.
Strong Performance Across Silver ETFs
As per news reports, a group of 21 silver-based ETFs and FoFs have delivered an average return close to 99% in the current year. Ten of these funds have crossed the 100% mark, reflecting broad strength within the category.
As per the Economic Times report, below is an overview of the leading performers:
| Fund Name | Return in 2025 (%) |
| UTI Silver ETF | 100.89 |
| ICICI Pru Silver ETF | 100.72 |
| HDFC Silver ETF | 100.29 |
| SBI Silver ETF | 100.04 |
| Nippon India Silver ETF | 99.98 |
| Axis Silver FoF | 94.38 |
| Tata Silver ETF FoF | 92.52 |
Factors Behind the Gains
A combination of industrial demand and global uncertainty influencing the rally in silver. The metal’s dual role in manufacturing and precious-metal markets has contributed to steady interest. Demand from electronics, solar panels and electric mobility has also added momentum.
Additional elements, such as global buying trends and expectations around monetary conditions, have played a part in shaping silver’s price behaviour through the year.
Read More: Best Mutual Funds to Invest in Global Companies for Dec 2025.
Conclusion
Silver ETFs have recorded noticeable gains in 2025, with funds such as UTI Silver ETF and ICICI Prudential Silver ETF featuring prominently among the year's strongest performers.
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.
Published on: Dec 4, 2025, 3:47 PM IST

Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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