HDFC AMC - HDFCSILVER ETF
HDFCSILVER
₹87.22+₹0.11 (0.13%) TodayLast updated on 08 Jan, 2025 | 15:29 IST
HDFC AMC - HDFCSILVER ETF Chart
Please wait...
Fund overview
About
Open ₹86.94 | Close ₹87.11 | Volume 2,96,865 | Avg. traded ₹87.12 |
Circuit range ₹69.82 - ₹104.73 | Day range ₹86.54 - ₹87.44 | Year range ₹67.85 - ₹100.35 | |
AUM ₹418.61 Cr | ManagersBhagyesh Kagalkar | Launch Date 02 Sep 2022 |
HDFC AMC - HDFCSILVER
About HDFC Silver ETF
- The HDFC Silver ETF is an open-ended scheme that tracks the performance of physical silver.
- The fund guarantees the quality of the underlying silver while providing investors with a simple and affordable option to invest in the metal through a digital platform.
- On the National Stock Exchange (NSE) the fund is traded under the symbol HDFCSILVER.
- The ETF was launched on February 9, 2022.
- The HDFC Silver ETF had ₹209.61 crore in assets under management (AUM) as of June 30, 2024.
- Bhagyesh Kagalkar manages the fund.
Investment Objective and Benchmark
- The HDFC Silver ETF’s investment objective is to provide returns that track the performance of actual silver.
- The domestic silver prices, determined by the London Bullion Market Association’s (LBMA) daily spot fixing price, serve as the benchmark for the HDFC Silver ETF.
- Like gold, investing in the HDFC Silver ETF can help diversify an investor's portfolio and act as a hedge against currency devaluation.
- The HDFC Silver ETF is ideal for those looking to invest their money in a time horizon of three years or more.
- The fund does not have any entry or exit load, which means investors won’t have to incur any additional charges to buy or sell units.
- It falls under the very high-risk category, reflecting the inherent volatility and risk associated with investments in silver.
- Due to its application in modern, environmentally friendly technologies like electric cars and solar energy, silver may become more in demand, which might be advantageous for ETF investors.
- Investors can purchase small units of the ETF, with each unit equivalent to around one gram of silver.
- The Securities Transaction Tax does not apply to the ETF, which lowers the total cost of investing.
Asset Allocation & Portfolio Composition
- The HDFC Silver ETF will invest 95% to 100% of its assets in silver and up to 5% in money market instruments, debt securities, and mutual fund units that are part of debt schemes.
- As of June 28, 2024, the HDFC Silver ETF’s portfolio consists of 97.72% silver and 2.28% in cash, cash equivalents and net current assets.
- The fund has produced returns of 24.94% in the past year, as of June 28, 2024, against the benchmark returns of 26.18%
- Since its inception, the ETF has delivered a return of 29.87%.
Key indicators
Tracking index Price of Silver |
Expense Ratio0.40% |
Tracking error NA |
Learn more
Investment checklist: (2/6)
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
Please wait...
Learn more
HDFC AMC - HDFCSILVER Price history
Day | Open | Close | Change % |
---|---|---|---|
Tue, Jan 7 2025 | ₹86.67 | ₹87.11 | |
Mon, Jan 6 2025 | ₹87.20 | ₹86.11 | |
Fri, Jan 3 2025 | ₹86.06 | ₹85.94 | |
Thu, Jan 2 2025 | ₹85.25 | ₹85.02 | |
Wed, Jan 1 2025 | ₹84.50 | ₹83.94 | |
Tue, Dec 31 2024 | ₹84.25 | ₹83.91 | -1.43% |
Mon, Dec 30 2024 | ₹88.50 | ₹85.13 | -0.90% |
Fri, Dec 27 2024 | ₹86.65 | ₹85.90 |
Composition
More
Popular Stocks
Frequently asked questions
What is the HDFC AMC - HDFCSILVER share price today?
HDFC AMC - HDFCSILVER share price is ₹ 87.22 today.
What is today’s high & low share price of HDFC AMC - HDFCSILVER?
HDFC AMC - HDFCSILVER share price high: ₹ 87.44 and low: ₹ 86.54
What is Assets Under Management (AUM) of HDFC AMC - HDFCSILVER shares today on the NSE?
HDFC AMC - HDFCSILVER Assets Under Management (AUM) of ₹ 418.61 Crores.
What is the HDFC AMC - HDFCSILVER share price high and low in the last 52 weeks on the NSE?
52 Week share High Price is ₹ 100.35 and Low Price is ₹ 67.85
What is the HDFC AMC - HDFCSILVER Stock Symbol?
The HDFC AMC - HDFCSILVER Stock symbol is HDFCSILVER.
Can I buy HDFC AMC - HDFCSILVER shares on Holidays?
No, shares of HDFC AMC - HDFCSILVER 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 HDFC AMC - HDFCSILVER 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.