Birlaslamc - Silver ETF
SILVER
₹92.07+₹0.16 (0.17%) TodayLast updated on 06 Dec, 2024 | 15:29 IST
Birlaslamc - Silver ETF Chart
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ETF is trading at a discountMarket price ₹92.07 is less than iNAV ₹92.29
👍 Good time to buy as price is low
Fund overview
About
Open ₹92.08 | Close ₹91.91 | Volume 66,003 | Avg. traded ₹91.97 |
Circuit range ₹73.83 - ₹110.74 | Day range ₹91.44 - ₹92.24 | Year range ₹70.00 - ₹103.00 | |
AUM ₹507.03 Cr | ManagersSachin Wankhede | Launch Date 31 Jan 2022 |
Birlaslamc - Silver
About Aditya Birla Sun Life Silver ETF
- The Aditya Birla Sun Life Silver ETF is an exchange-traded fund that aims to provide returns closely corresponding to the returns of silver in the domestic markets.
- The scheme is managed by Aditya Birla Sun Life Mutual Fund House.
- The ETF holds physical silver in the form of bullion bars. The value of the ETF is directly linked to the price of silver, minus any management fees or expenses.
- ABSL Silver ETF was launched on January 31, 2022.
- ABSL Silver ETF hasassets under management (AUM) of ₹256.69 crore as of May 31, 2024.
- Sachin Wankhede is the fund manager since January 31, 2022.
- The ETF is traded on stock exchanges like a stock, which provides liquidity and flexibility to investors.
- One can invest in the scheme by buying the ETF units directly through a demat account.
Investment Objective & Benchmark
- The primary objective of the ABSL Silver ETF is to provide returns that closely correspond to the performance of silver, as represented by the price of physical silver.
- The fund seeks to replicate the performance of silver by investing in physical silver bullion.
- The ETF offers investors a way to gain exposure to the silver market without buying physical silver.
- It provides liquidity and ease of access to investors.
- The Aditya Birla Sun Life Silver ETF allows investors to diversify their portfolios by adding a precious metal, which may behave differently from other asset classes like stocks and bonds.
- Silver is often considered a hedge against inflation and economic uncertainty.
- Since silver is a precious metal, it is used to establish stability for investors in times of market volatility. The metal is used in electric vehicles, chemical products and other industries as well.
- The Aditya Birla Sun Life Silver ETF has a high-risk profile. It is suited for investors looking at a long-term goal of wealth creation goal.
Asset allocation & portfolio composition
- The fund allocation of the ETF consists of 97.70% in silver and 2.30% in cash and cash assets.
- The top holding of ABSL Silver ETF majorly consists of silver around 97.70%.
- Since its inception, the ETF has given an annualised return of 12.52%.
- In a single year, Aditya Birla Sun Life Silver ETF has given a return of 10.91% compared to its benchmark index’s return of 11.59%.
Key indicators
Tracking index Price of Silver |
Expense Ratio0.36% |
Tracking error NA |
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Investment checklist: (3/6)
Liquidity
Fund size
Expense Ratio
Tracking error
Returns vs FD Rates
Entry Point
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily
Returns
Returns vs Benchmark
Compare the returns of this fund with
NIFTY 50
This ETF
Nifty 50
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Birlaslamc - Silver Price history
Day | Open | Close | Change % |
---|---|---|---|
Fri, Dec 6 2024 | ₹92.08 | ₹91.97 | |
Thu, Dec 5 2024 | ₹91.80 | ₹91.91 | |
Wed, Dec 4 2024 | ₹91.29 | ₹91.03 | |
Tue, Dec 3 2024 | ₹89.99 | ₹90.97 | |
Mon, Dec 2 2024 | ₹89.83 | ₹89.55 | -0.93% |
Fri, Nov 29 2024 | ₹89.61 | ₹90.39 | |
Thu, Nov 28 2024 | ₹89.20 | ₹88.69 | -1.49% |
Wed, Nov 27 2024 | ₹89.87 | ₹90.03 |
Composition
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Frequently asked questions
What is the Birlaslamc - Silver share price today?
Birlaslamc - Silver share price is ₹ 92.07 today.
What is today’s high & low share price of Birlaslamc - Silver?
Birlaslamc - Silver share price high: ₹ 92.24 and low: ₹ 91.44
What is Assets Under Management (AUM) of Birlaslamc - Silver shares today on the NSE?
Birlaslamc - Silver Assets Under Management (AUM) of ₹ 507.03 Crores.
What is the Birlaslamc - Silver share price high and low in the last 52 weeks on the NSE?
52 Week share High Price is ₹ 103.00 and Low Price is ₹ 70.00
What is the Birlaslamc - Silver Stock Symbol?
The Birlaslamc - Silver Stock symbol is SILVER.
Can I buy Birlaslamc - Silver shares on Holidays?
No, shares of Birlaslamc - Silver or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Birlaslamc - Silver shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.