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Groww Mutual Fund launches Silver ETF
  • Groww Mutual Fund launches Silver ETF

    05 May 2025

    Groww Mutual Fund has launched the Groww Silver ETF, an open-ended exchange-traded fund aimed at offering investors exposure to the domestic price of physical silver.

    The product provides a cost-effective way to invest in silver without the need for physical storage or insurance.

    The Groww Silver ETF tracks the domestic price of physical silver based on the daily spot fixing price from the London Bullion Market Association (LBMA).


    The ETF invests in dematerialised silver units, offering an alternative to holding physical silver.

    Key features

    Low correlation with equity markets: Silver’s price movements show limited correlation with stock markets, which may offer diversification benefits.

    Demand and supply dynamics: Silver demand exceeded supply in 2024, driven by industrial uses such as electronics, electric vehicles, and renewable energy, according to the Silver Institute.

    Valuation: The gold-to-silver ratio stood at 91.64 as of April 10, 2025 (NSE, Bloomberg), indicating that silver may be relatively affordable compared to gold.

    Liquidity: Investors can buy or sell ETF units on the stock exchange during market hours, allowing for flexible entry and exit.

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