ETFs have offered upto 7% return in the last one week and gave an average return of 6.29% in the same period. There were around 26 funds based on silver commodity in the said period.
UTI offered the highest return of around 7.01% in the last week, followed by Tata Silver which gave 6.68% return in the same period. Kotak Silver ETF FoF and Tata Silver ETF FoF gave 6.35% and 6.22% returns respectively in the mentioned period.
HDFC Silver ETF offered a return of 6.18% in the last one week. Nippon India Silver ETF and gave 6.17% return each in the said period.
delivered a return of 6.08% in the mentioned time period. Groww Silver ETF FOF offered the lowest return of around 5.71%.
An expert mentioned that Silver has seen a structural turnaround since its 2020 lows, driven by a combination of safe-haven demand during global crises, rising geopolitical tensions, and booming industrial use in clean energy technologies.
“Silver has surged nearly 60% over the past two years, with prices rising from Rs 87,000 to Rs 1,04,500 in 2025 alone. With continued volatility in global markets and robust demand from sectors like solar and EVs, & geopolitical problems on war front between Russia & Ukraine, Silver remains poised to test Rs 1,10,000–Rs 1,20,000 this year. The outlook stays bullish, favoring a buy-on-dips strategy,” Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities shared with ETMarkets.
In the last one month, these commodity based ETFs have delivered upto 12% return and out of 23 funds in the same period, 17 funds gave double-digit returns. UTI Silver ETF being the topper gave 11.50% return in the last one month. Mirae Asset Silver ETF and DSP Silver ETF gave 10.35% return in the last one month period.
Edelweiss Silver ETF gained 10.31% in the last one month. UTI Silver ETF FoF was the last one to deliver a double-digit return. The fund gave 10.01% return in the same period.
SBI Silver ETF FOF gave 9.23% return in the last one month and Tata Silver ETF gave 9.17% return.
Another expert is of the opinion that amid escalating geopolitical tensions and trade uncertainties, both gold and silver have surged, but silver is emerging as a strong contender.