Commodity Exchange Traded Funds track the prices of their commodities. That is, you have to pay attention in silver ETF, when you invest, what is the price of silver at that time and your return will be the difference between the prices of silver sold.
symbolic picture
Buying gold and silver is considered very auspicious in India. On the other hand, if we talk about investment, then investing in gold is considered very beneficial in view of the future. Actually, if invested in the long term, then good returns are also available. ETFs in Silver other than Gold (ETF) can be invested. ICICI Prudential Silver Exchange Traded Fund (ETF) has opened for subscription on January 5, 2022. Under this Silver ETF (Silver ETF) can be invested till January 19. Let us tell you that silver can be bought from Rs 100 to lakhs of rupees in this, while it can also be sold. But how beneficial it will be to invest in it, this question will be in everyone’s mind.
Pure Commodity Exchange Traded Funds track the prices of their commodities. That is, when investing in Gold ETFs, the returns are determined by the fluctuations in their prices. In the same way, pay attention to silver ETFs, what is the price of silver at that time when you invest and the return will be the difference between the prices of silver sold. Before knowing how beneficial it will be, what is Silver ETF.
What is a Silver ETF?
In fact, investment can be made in silver just like gold. Under this, you will get an opportunity to invest in silver like shares. However, investors will not get an opportunity to invest in physical silver through ETFs. Under this, investors will be able to invest money in Silver ETFs. At present, this has been happening in Gold ETFs.
What are the things to be kept in mind?
In fact, during this time the investor has to see which silver is being tracked by the incoming funds, ie whether it is local silver prices or international silver prices. During this, keep in mind that not more than 10 percent of the corpus of the scheme can be invested in ETCDs. Let us tell you, Silver ETFs are traded on the stock exchange.
According to experts, like Gold ETF, there will not be much difference in Silver ETF, that is, if we talk about returns, then there will not be much difference.
method of buying and selling
In fact, if an Exchange Traded Fund (ETF) is listed in a stock exchange fund, it has to be treated like a normal equity stock. Holding in it comes in your demat account, because it has to be bought and sold from there as well. Here you can buy silver from 100 rupees to thousand or lakhs of rupees and if you want, you can also sell it at market price. Apart from this, liquidity can also be obtained by selling it on the stock exchange. While holding less than 36 months will attract short-term capital gains tax, the expense ratio of silver ETFs is higher than that of gold.
Also read- SBI has withdrawn this special scheme of Corona, now the benefit of Rs 20,000 will not be available
.