First Silver ETF– A Prime Investment Opportunity with Complete Guide to Returns & How to Buy

First Silver ETF in India: Gold prices are skyrocketing, and silver is nowhere close behind. Demand for silver has surged so much that investors are beginning to consider it a strong partner for gold. If you're considering investing in silver, there are several options available through the stock market. Silver ETFs appear to be the easiest and safest of these. Today, we'll discuss the country's first silver ETF, which has proven to be a milestone for investors. This fund is not only old but also offers excellent returns.

First Silver ETF: ICICI Prudential's Miracle

Silver ETFs in India began with the ICICI Prudential Silver ETF. It is a commodity scheme of ICICI Prudential Mutual Fund, launched on January 24, 2022. This is why it is called the country's first and oldest silver ETF. Since its launch, this fund has been tracking the fluctuations in silver prices, without the hassle of physical storage. Its popularity among investors is also due to its direct link to pure silver prices. If you want to benefit from silver with small investments, this fund is the perfect choice.

Fund Basics: From Management to Expenses

This fund is well-managed by experienced fund managers like Nishit Patel and Gaurav Chikne. Currently, its expense ratio is just 0.40%, making it quite affordable for investors. Total assets under management (AUM) have reached Rs 9,481 crore. The significance of raising such a large amount is clear: investors consider it reliable. The fund's focus is on the physical asset of silver, but it is available in ETF format, which means it fully benefits from market gains. If silver prices rise further, this fund could boost your portfolio.

Stellar Returns: More Than Double in Three Years

Before investing, it's important to assess returns. The ICICI Prudential Silver ETF has delivered a total return of 158% since its launch. Over a three-year period, it has reached 188.5%, which is attractive for any investor. It has generated a remarkable 85% return in the past year, while it has delivered nearly 87% so far in 2025. On an annualized basis, the three-year average return is 39%. These figures demonstrate the silver market's robust performance, especially amid growing uncertainties in the global economy. But remember, past returns are no guarantee of the future—the market is risky.

How to Invest: Easy Steps from Demat to Broker

Investing in this ETF is as simple as buying shares. First, open a Demat account and a trading account, which are available with any stockbroker. Then, you can buy and sell these units on the stock exchange. You can search for the ICICI Prudential Silver ETF directly from your broker's app or website and make a transaction. There's no strict minimum investment limit; you can start with just a few hundred rupees. Trading timings will be in line with the stock market, i.e., from 9:15 am to 3:30 pm.

Latest NAV: Price as of October 13 

As of today, October 13, 2025, the latest net asset value (NAV) of this ETF is Rs 171.43. This price is linked to the spot price of silver, so changes occur daily. If you're considering investing now, check back when the market opens. Overall, this silver ETF is best for those who want to profit digitally rather than buying physical silver. Silver's luster will increase during occasions like Dhanteras or Diwali, so make a quick decision. But always assess your risk tolerance and, if necessary, consult a financial advisor.