Silver has been the new talk of the town with prices scaling new all-time high on the MCX few days back. Consequently amid rising prices as well as cost efficiency, inflows in silver ETFs have scaled magnificently to Rs 854 crore. So, as returns continue to be robust from the white metal, here we put before you silver ETFs that have done extremely well over a 1-year period with most sitting on gains anyway between 20-21 per cent in a 1-year period.
1/10SIP of Rs 20,000 in the fund in a one-year span with an investment of Rs 2.4 lakh has grown to Rs 2.81 lakh (annualised return of 33.34 per cent. While the 1-year return is at 19.55 per cent.
2/10This fund has yielded a 1-year return of 19.6 per cent, while SIP in the fund of Rs 20,000 per month has given 33.83 per cent yield with return value at Rs 2.81 lakhs.
3/10This ETF in the last one year has gained as much as 18.84 per cent, while SIP in the fund with an investment of Rs 20,000 has turned into Rs 2.81 lakh (annualised yield of 33.67 per cent).
4/10The fund in the last one year has yielded a return of 18.74 per cent in the last one year. Rs 20,000 monthly SIP in the fund has turned into Rs 2.81 lakh-giving annualised yield of 33.44 per cent.
5/10The fund in the last one year has yielded a return of 18.63 per cent in the last one year. Rs 20,000 monthly SIP in the fund has turned into Rs 2.81 lakh-giving annualised yield of 33.53 per cent.
6/10SIP in a 1-year fund is at 18.44 per cent, with Rs 20,000 monthly SIP turning into Rs 2.8 lakh.
7/10This fund in the last one year has given a return of 18.37 per cent, while SIP's annualised return is at Rs 2.81 lakh.
8/10ICICI Prudential Silver ETF fund in the last one year has gained 18.79 per cent. Rs 20,000 monrh SIP in the fund is now worth Rs 2.81 lakh, generating 33.6 per cent annualised return.
9/10These passive funds do not carry a high expense ratio and ranges between 0.35-0.45 per cent.
10/10Gold ETFs can be bought for rendering stability to one's portfolio, whiile silver ETFs can be a better choice for higher return with it comes with greater volatility, making them suitable for aggressive investors. So, investors can have a mix of both for effcient returns as well as portfolio diversification as both the precious metals react differently to market cycles.