Ways to Invest in Silver
Silver ETF
SEBI-regulated funds backed by 999 physical silver.
Rates as on 29 September 2026 · Updated 29 September 2026
Today’s silver (Delhi)
₹2,40,000/kg
₹240 per gram, excl. GSTOverview
SEBI allowed silver ETFs in November 2021 and the first launched in early 2022. They hold LBMA-standard 999 silver in vaults and trade on NSE/BSE, giving pure silver exposure without storage, purity or making-charge worries.
| Particular | Details |
|---|---|
| Regulator | SEBI |
| Backing | 999 physical silver (LBMA good delivery) |
| Expense ratio | ≈0.3%–0.7% |
| Account | Demat + trading |
| Tax | LTCG 12.5% after 12 months |
Why silver ETFs
- No making charges, storage or theft risk
- Buy in small units
- High liquidity
- Transparent pricing
What to check
| Factor | Why it matters |
|---|---|
| Expense ratio | Lower is better |
| Tracking error | How closely it follows silver |
| Volume / spread | Liquidity when selling |
| AUM | Bigger funds usually trade better |
Frequently asked questions
Is there GST on silver ETF?
No.
Can I pledge a silver ETF for a loan?
RBI’s silver-loan rules exclude ETFs; some brokers allow margin against them.
Silver rates are indicative market references (29 September 2026) and change during the day. Rules on tax, hallmarking and investment products can change — verify with official sources. FinancePortal does not sell silver.