DSP Mutual Fund has launched the DSP Silver ETF Fund of Fund, an open-ended scheme that provides investors with a convenient way to gain exposure to silver. This Fund of Fund primarily invests in DSP Silver ETF units, offering returns closely tied to the performance of physical silver in the domestic market.
As silver’s demand surges across industries such as electronics, automotive, and jewelry, the metal’s value is set to rise, particularly in light of the global shift toward renewable energy and emerging technologies like solar panels, electric vehicles (EVs), and 5G networks. The supply of silver has been constrained in recent years, with the global supply deficit expected to exceed 20% of annual demand in 2025. In addition, currency depreciation offers Indian investors an advantage, as silver is priced in USD but traded in INR, often leading to higher returns.
“The DSP Silver ETF Fund of Fund simplifies silver investment without requiring a demat account, providing investors the flexibility of SIPs and no lock-in period,” said Diipesh Shah, Fund Manager. In Guwahati, where there is strong demand for precious metals, the introduction of this ETF is seen as a strategic move to diversify investment options. With growing interest in silver as a commodity, the DSP Silver ETF Fund of Fund offers a streamlined way for local investors to tap into the potential of silver.
