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ICICI AMC and Nippon India MF planning silver exchange-traded funds

At present, while there are several options for investors looking to put their money in gold, those investing in the white metal can only buy physical silver

Rajesh Bhayani  |  Mumbai 

There is a piece of good news for those looking to invest in commodities: After several gold-related securitised products, they might soon get silver exchange-traded funds (ATFs), too. According to sources in the know, at least two large fund houses — Nippon India Mutual Fund and ICICI AMC — are working on launching silver ETFs.

At present, while you can invest in gold in a number of ways — digital gold, physical buying, ETFs and sovereign gold bonds — the only option for you to invest in silver is physical purchase of the white metal. Following the success of ...

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First Published: Thu, October 31 2019. 18:29 IST
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