Silver has several favourable physical properties that has made it in demand for industrial use, for renewable energy, as jewellery and as investments.

Investing in silver can be beneficial owing to the following – high demand to exceed supply and push prices up, likely hedge against inflation and stable returns through market phases.

An exchange traded fund is a mutual fund scheme that tracks an index, a commodity, bonds or a basket of assets. The units of ETF are mandatorily listed and traded on exchange platform.

An ETF combines certain benefits of both mutual funds and stocks. Investing features of mutual funds such as diversification, even at low minimums – can be as low as few hundreds to few thousands depending on the scheme ; as well as trading convenience benefit of stocks.

A silver ETF is a commodity ETF that invests in and tracks the price of physical silver. It does so by investing in silver and silver related instruments as specified by SEBI (physical silver of 99.9% purity and/or ETCDs with silver as underlying)

Investing in Silver ETF is more beneficial that holding physical silver due to the following – liquidity and trading ease, purity and safety assurance, low costs, low minimums and no wealth tax applicability.

In order to invest in Aditya Birla Sun Life Silver ETF, you must have an active demat and trading account. The units of the scheme in demat form can be bought and sold through the demat account from the stock exchange.

The exit load is Nil.
The units of the Scheme shall be compulsorily traded in dematerialized form and hence, there shall be no exit load for the units purchased or sold through stock exchanges. However, the investor shall have to bear costs in form of bid/ask spread and brokerage or such other cost as charged by his broker for transacting in units of the schemes through secondary market.

Yes, having a demat account is necessary for investing in this fund.