BSE Scrip Code: 543592

NSE Symbol: HDFCSILVER

An open ended Exchange Traded Fund (ETF) replicating/tracking performance of Silver

Investment Objective: The investment objective of the Scheme is to generate returns that are in line with the performance of physical Silver in domestic prices, subject to tracking error. There is no assurance that the investment objective of the Scheme will be realized

What is the HDFC Silver ETF?

The HDFC Silver ETF is an exchange-traded fund that aims to track the performance of silver. It provides investors with a convenient and cost-effective way to invest in silver digitally, eliminating the need for physical storage and ensuring the quality of the underlying silver.

Why invest in HDFC Silver ETF?

Low Cost and Convenience: The HDFC Silver ETF offers a cost-effective and convenient means to invest in silver. Investors can easily buy and sell ETF units on the stock exchange, eliminating the need for physical storage while ensuring the quality of the silver.

• Aims to generate returns in line with the performance of silver: The HDFC Silver ETF aims to replicate the price movements of silver, providing investors with an opportunity to participate in the performance of this precious metal.
• Returns Aligned with Silver Performance: The HDFC Silver ETF aims to replicate the price movements of silver, allowing investors to participate in the performance of this precious metal.
• Portfolio Diversification and Currency Hedge: Similar to gold, silver can offer diversification benefits and act as a hedge against currency depreciation, helping investors reduce overall risk in their portfolios.
• Potential from New Age and Green Technologies: Silver is used in various industrial applications, including in new age and green technologies like solar power and electric vehicles. As these sectors grow, the demand for silver may rise, potentially benefiting investors in the HDFC Silver ETF.
   

Additional Benefits of the HDFC Silver ETF:

• Safety: Unlike physical silver, the ETF eliminates the risk of theft, storage issues, and related expenses like those incurred with lockers.
• Price Transparency: The ETF's prices on exchanges are transparent, similar to shares and other tradable securities.
• Ability to Buy in Small Units: Investors can purchase small units of the HDFC Silver ETF, with each unit approximately equal to 1 gram of silver, making it accessible to a wide range of investors.
• No Securities Transaction Tax: The HDFC Silver ETF is not subject to Securities Transaction Tax, reducing the overall cost of investment.

Who should invest in HDFC Silver ETF?

The HDFC Silver ETF is suitable for investors who:

• Want to include silver in their investment portfolio for diversification purposes
• Seek a potential hedge against currency depreciation and inflation
• Are interested in benefiting from the demand for silver in new age and green technologies
• Prefer a low-cost and digitally accessible investment option for silver exposure

What is the ideal investment time horizon for the HDFC Silver ETF?

The HDFC Silver ETF is for investors with a time horizon of 3 years and above.

How to invest in HDFC Silver ETF?

A. On the Stock Exchange: Investors can buy HDFC Gold ETF units through a stockbroker on the Stock Exchange(s) i.e. NSE/BSE.

B. Directly with the Fund: Market Makers/Large Investors:

On an ongoing basis, Market Makers and Large Investors* may approach the Fund directly for subscription/redemption of units of the ETF at the Intra-Day NAV in multiples of Creation Unit size. *The minimum application amount for Large Investors shall be Rs. 25 Crores and in multiples of Creation Unit Size^.

^ Not Applicable till October 31, 2024 for a) Schemes managed by Employee Provident Fund Organisation, India and b) Recognised Provident Funds, approved gratuity funds and approved superannuation funds under Income tax act, 1961.

For list of Market Makers, click here