Silver ETFs Rally 50% In Month; Nippon, Tata, ICICI, HDFC To SBI: Which Is Best Silver ETF? Time To Invest?

Silver ETFs Rally: A sharp surge in silver prices in India and global commodity markets has propelled silver exchange traded funds (ETFs) to record gains, significantly boosting investor portfolios in just a few months. Schemes such as Nippon India Silver ETF, Tata Silver ETF, ICICI Prudential Silver ETF, HDFC Silver ETF, and SBI Silver ETF have all posted stellar returns, nearly 50% in a single month and around 90% over the past three to four months.

Silver's 170% returns in 2025 and around25% price surge in 2026 has significantly boosted investor interest in silver ETFs. A notable rise in silver ETF inflows since July last year stands as clear evidence of the growing trend toward silver ETF investments.

Silver ETF Rally Has Fuelled Investment In Nippon India, Tata Silver, ICICI Prudential, HDFC Silver, Other ETFs

Nearly four years ago, hardly anyone had heard about exchange traded funds, however, the same ETF schemes have become the darling of investors and their favourite way to gain exposure towards gold and silver. As the precious metals reaffirm their dominance in the market in terms of returns, gold and silver ETFs have seen a massive surge in their popularity.

Nippon India Silver ETF

Nippon India silver ETF is an open ended scheme, which is listed on the exchange in the form of an Exchange Traded Fund (ETF). As per the website, it investrs in physical silver and or Exchange Traded Commodity Derivaties (ETCD) in silver. Nippon India Silver ETF has delivered around 50.3% returns in just one month, and around 241% returns in one year, as on January 20, 2026.

Tata Silver ETF

Tata Silver ETF price was up around 8.52% during Tuesday's intraday trading session. Tata Silver ETF has delivered around 55.86% returns in one month, and around 253.8% returns in one year, as on January 20.

ICICI Prudential Silver ETF

ICICI Prudential Silver ETF as an Asset Under Management of around Rs 14,282 crire. ICICI Prudential Silver ETF has delivered around 51.3% return in one month, and around 242.94% returns in one year.

HDFC Silver ETF

HDFC Silver ETF has an AUM of Rs 6074 crore and has delivered close to 51% returns in one month. The HDFC Silver ETF has delivered around 242.69% returns in one year. The fund is managed by Bhagyesh Kagalkar.

SBI Silver ETF

SBI Silver ETF has delivered close to 50.6% returns in one month and around 242.58% returns in one year. SBI Silver ETF has an AUM of Rs 4,747 crore. The fund is managed by Vandna Soni.

Axis Silver ETF Fund

Axis Silver Fund has delivered around 50.09% returns in one month and around 239.39% returns in one year, as on 20 January, 2026. The fund has an AUM of Rs 1,473 crore and is managed by Aditya Pagaria, Pratik Tibrewal.

Which Is The Best Silver ETF?

It is difficult to pick a specific silver ETF as the best in category, however, an analysis of key factors like silver ETF's AUM, past performance, etc, will help investors identify the best for their portfolio.

Is It The Best Time To Invest in Silver ETF?

Silver prices are generally highly volatile compared to gold prices, hence, experts warn of investment considering price volatility. "For those looking at fresh investment, the main risk right now is valuation and sentiment. Silver is far more volatile than gold, and sharp rallies are often followed by equally sharp corrections once speculative interest cools. Entering at current highs could expose new investors to near-term drawdowns if prices consolidate or retrace sharply," noted Ross Maxwell, Global Strategy Operations Lead, VT Markets.