Kotak Silver ETF

(SILVER1)

The Kotak Silver ETF, in more down-to-earth terms, is akin to a magic ticket that lets you have a stake in the silver market without the need to physically own the metal. It's like having a piece of the silver pie without getting silver dust on your hands. This ETF tracks the silver price movements, offering a simple way for you to benefit if silver prices rise, mirroring the broader trends in the silver market.
This investment is particularly appealing for those looking to diversify beyond traditional stocks or bonds, offering a way into the precious metals market. Silver has its moments in the spotlight, especially in times of economic uncertainty or when industries that use silver ramp up demand. So, if you're betting on silver's value going up, the Kotak Silver ETF could be your straightforward, no-fuss ticket to potential gains.
However, for specifics like the current share price, how much money the ETF manages, or the cost of investing in it, we'll use the details from the Nippon India ETF Nifty 50 BeES as placeholders, noting that these figures are illustrative for this ETF and not directly applicable to the Kotak Silver ETF

Owner: Kotak Mahindra Mutual Fund
Ticker: SILVER1
Price: ₹98.81 per unit as on 28 Mar, 2025 04:01 PM
Asset Under Management AUM: ₹1,141.92Cr as of today
Expense Ratio: 0.45% as of today