The scheme seeks to generate returns that are in line with the performance of physical silver in domestic prices, before expenses, subject to tracking errors.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.
Vikram Dhawan
Mr Dhawan has done B.E (Mechanical) and PGD Material Management.
Prior to joining Nippon India Mutual Fund he has worked with Nippon Life India AIF Management Limited, Reliance Capital Limited, Gold Matrix Pte, Vedanta Group, Zee Gold Refinery (Shirpur Gold Refinery), N.M. Rothschild & Sons., Bank of Nova Scotia, Birla Copper (Hindalco) and Synthetics & Chemicals Ltd.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Nippon India Silver ETF is ₹230.97 as of 2026-08-28.
Nippon India Silver ETF is classified as a Silver fund.
The Assets Under Management (AUM) of Nippon India Silver ETF is ₹29,499.37 Cr.
The expense ratio of Nippon India Silver ETF is 0.58%.
Nippon India Silver ETF is managed by Vikram Dhawan.
As per the SEBI Riskometer, Nippon India Silver ETF carries a Very High risk level.
Nippon India Silver ETF has delivered 104.73% (1Y), 46.97% (3Y) and 0% (5Y) annualised returns as of 2026-08-28.
Nippon India Silver ETF was launched on 1995-06-30.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.