Silver Exchange Traded Funds (ETFs) in India have witnessed strong point-to-point returns in 2025 so far, driven by rising silver prices and increased investor appetite for commodities. As of July 16, 2025, 3 ETFs have emerged as top performers based on YTD returns.
Below are the top 3 performing silver ETFs on a YTD basis.
The UTI Silver ETF ranks first with a 29.62% YTD return. It also boasts a 6-month return of 27.70% and a 1-year return of 22.38%, indicating strong short- and medium-term performance. While it carries a relatively higher expense ratio of 0.53%, the fund has gained traction under fund manager Sharwan Kumar Goyal, with assets under management (AUM) of ₹261.2 crore.
Close behind is the Axis Silver ETF, delivering a 29.08% YTD return and 26.30% over the past 6 months. It stands out for a lower expense ratio of 0.37%, making it more cost-effective. Managed by Aditya Pagaria, the fund holds ₹276.7 crore in AUM.
The Mirae Asset Silver ETF follows with a 29.02% YTD return and a near-identical 6-month return of 26.26%. It offers the lowest expense ratio at 0.35%, with an AUM of ₹119.9 crore under the management of Ritesh Patel.
Read More: NFO Alert: Nippon India Mutual Fund Launches Nifty 1D Rate Liquid ETF!
The tight clustering of returns, just 0.6% separating the top 3, highlights strong sector momentum. Global silver demand, both industrial and speculative, has fuelled this rally, benefiting these ETFs regardless of expense ratio or AUM size. Their ability to manage volatility while delivering nearly 30% returns makes them attractive for growth-seeking investors.
UTI Silver ETF leads with a 29.62% return, followed closely by Axis and Mirae Asset ETFs, all showing strong consistency. While UTI offers the highest return, Axis and Mirae provide cost-efficient options with minimal performance trade-off. Silver ETFs continue to shine in 2025 as a potent commodity investment route.
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 are subject to market risks, read all the related documents carefully before investing.
Published on: Jul 17, 2025, 1:48 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates