Silver Mutual Funds

Investing in a silver mutual fund or silver ETF in India could be a wise choice for many reasons:

1. Convenient to Invest
   

   You do not need to worry about storing or securing physical silver. You can buy and sell your investment online anytime and even start with small amounts.

2. Low Costs
   

   The Silver mutual funds are cheaper compared to other investment options because they are passively managed, meaning the fund tracks the price of silver.

3. Diversification
   

   Silver funds are helpful in many industries and can act as a safeguard during times of inflation or economic uncertainty. This makes it a good way to diversify your investment portfolio.

4. Transparent Pricing
   

   The value of the fund is directly linked to the market price of silver, so you can easily track how your investment is performing without any hidden costs like those found with physical silver.

Overall, silver Mutual Funds are an easy, affordable and flexible way to invest in silver.

To invest in Silver ETF in India via MySIPonline, follow these simple steps:

• Step 1: Log in to MySIPonline via mobile app or website.
• Step 2: Complete your KYC or Video KYC if not already done.
• Step 3: Provide your PAN card, Aadhaar number, bank details, nominee and signature.
• Step 4: Choose the top Silver ETF from the available options or consult an expert.
• Step 5: Add the ETF to your cart and select SIP or lump sum investment.
• Step 6: Pay through UPI or net banking.
• Step 7: Track your investment and portfolio performance on the dashboard.

These steps will give you an easy start while you can invest via SIP for added flexibility in your portfolio.

Here is a list of silver ETF in India in which you can start SIP to achieve your long-term goals:

1. HDFC Silver ETF Fund of Fund
   

   This silver fund lets you invest in silver easily by buying units of the HDFC Silver ETF, which tracks the price of silver. With Rs.306 Crores in assets, it’s a good option for those wanting to diversify into precious metals, offering returns of around 24.55% CAGR.

2. ICICI Prudential Silver ETF Fund of Fund

3. Launched on 05.02.2022, it manages AUM worth Rs.1252 Crores with invests in the ICICI Silver ETF, benefiting from both silver’s industrial and monetary demand and has delivered around 15.77% CAGR.

3. Axis Silver Fund of Fund
   

   This silver fund has Rs.106.87 Crores in assets. It offers a simple and low-risk way to invest in silver via the Axis Silver ETF, with returns of around 26.89% CAGR, making it ideal for those looking for an easy way to benefit from silver’s price movements.

Pro Tip: Know the future value of investments using the SIP Calculator for free.

The silver mutual funds in India are taxed like silver ETFs. The tax rules were updated after the Union Budget 2025-26, with a transition period from April 1, 2023, to March 31, 2025, to make the shift easier.

1. Short-Term Capital Gains (STCG):If you hold silver mutual funds for 12 months or less, the profits are taxed as per your income tax slab rate.
2. Long-Term Capital Gains (LTCG):If you hold the fund for more than 12 months, the profits are taxed at 12.5%, with no benefit of indexation.

These new tax rules clearly separate short-term and long-term gains based on the 12-month holding period starting from April 2025.