Top 10 ETFs With Over 200% YTD Gains as of Jan 2026; Tata Silver ETF, Aditya Birla SL and More

Exchange Traded Funds (ETFs) tracking silver have drawn notable investor attention over the past year. 

As of January 2026, several silver ETFs listed in India have delivered year-to-date returns exceeding 200%. 

These funds mirror movements in silver prices and provide exposure to the commodity through demat-based investments.

This article outlines the ten ETFs that have registered such returns, along with their key financial metrics.

Silver ETFs Sorted by 1-Year Returns (as of January 2026)

Overview of the Top 5 Silver ETFs

1. Tata Silver ETF

The Tata Silver ETF recorded the highest one-year return in this group at 208.14%. With a market capitalisation of ₹32.12 crore, the fund remains relatively smaller in size but maintains expense charges at 0.44%. 

2. Aditya Birla Sun Life Silver ETF

This ETF posted a 206.87% return over one year and carries a market capitalisation of ₹75.26 crore. 

Its expense ratio of 0.35% is among the lower in the segment. The fund’s six-month return of 140.01% reflects performance broadly in line with other silver-focused ETFs.

3. HDFC Silver ETF

HDFC’s Silver ETF reported a one-year gain of 206.31% and holds a market capitalisation of ₹101.50 crore. The expense ratio stands at 0.45%. 

Returns over the past six months reached 139.36%.

4. SBI Silver ETF

The SBI Silver ETF registered a one-year return of 206.18% and a six-month return of 139.07%. With a market capitalisation of ₹66.36 crore and an expense ratio of 0.40%, the fund maintains moderate scale within the category.

5. ICICI Prudential Silver ETF

ICICI Prudential Silver ETF recorded a 205.91% one-year return. It has the largest market capitalisation among the top five at ₹461.12 crore, suggesting comparatively higher fund size and liquidity. The expense ratio is 0.40%, and the six-month return stands at 139.47%.

Read More: Silver’s Big Run in 2025: What Drove Prices to Record Highs in October-December 2025?

Conclusion

Silver ETFs have shown elevated one-year gains as of January 2026, with the top five funds delivering returns above 205%. While performance has been closely clustered, differences in market capitalisation and expense ratios distinguish each fund’s structure. 

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.