The Nippon India Silver ETF has a NSE ticker symbol named SILVERBEES, which is one of the most popular silver-backed Exchange Traded Funds in India. It is managed by Nippon India Mutual Fund (NIMF), and provides both retail and institutional investors a regulated, transparent and highly liquid means of getting an exposure to silver without the hassles of physical ownership.
Approximately Nipissing India Fund Manager
Nippon India Mutual Fund is one of India’s leading mutual fund houses, with Average Assets Under Management (AAUM) of ₹2,79,431 crores. NIMF is set up as a trust under the Indian Trusts Act, 1882; the Sponsor is Nippon Life Insurance Company and Trustee is Nippon Life India Trustee Ltd. The fund house has a wide portfolio of equity, debt, and commodity products within India and SILVERBEES is one of the commodity ETF products flagships of the fund house.
History and Inception
On 2 February 2022 the Nippon India Silver ETF became one of the first silver ETFs to enter the Indian market after SEBI had approved silver ETFs. It was made to democratise silver investment in India, a nation, which had a strong cultural and business relationship with precious metals, by taking it to the stock exchange in a regulated and safe form. Vikram Dhawan, a veteran in managing commodity funds, manages the fund, which is listed only in the NSE under the symbol SILVERBEES with the ISIN INF204KC1402.
Nippon Silver ETF Services and features
In its simplest form, SILVERBEES is an Exchange Traded Fund which follows the domestic silver price of physical silver. When you purchase a unit of SILVERBEES, you are technically purchasing a bit of real silver that is physically stored in locked and insured lockup rooms. It is listed in the stock exchange like any other share.
The ETF offers the transition between the old silver ownership and the new-fangled investments. Major advantages to the investors are:
Liquidity: When compared to real silver, which is at times hard to sell in one week and lose value in another due to the charges and jeweler spreads, SILVERBEES units are traded on the NSE, just like shares you can buy or sell holdings at any time during the market hours at real-time prices, capital is not locked up. The chance of theft is also avoided and costly bank lockers are not required.
Benchmark & Pricing: The domestic price of silver is used as a benchmark, and at a time, each unit costs about 1 gram of the domestic price of silver. The unit size of creation is 31,000 units and its portfolio turnover ratio is 0.69.
Regulation: Silver ETFs are quite regulated and secure under the supervision of SEBI (Securities and Exchange Board of India), and investors are fully confident in transparency and conformity of the fund.
Dual Demand Benefit: Silver has a distinct dual demand, as it serves as both a safe-haven good such as gold, and an industrial good in the solar panel, electric vehicle, and 5G technology industries. This renders SILVERBEES an appealing hedge and growth investment.
Nippon Silver ETF Share Price & Performance
The current Nippon Silver ETF Share Price is ₹235.08 as of 15th April 2026. The Assets Under Management (AUM) stands at an impressive ₹30,675.57 crore as of the same date.
The SILVERBEES 52-week range on NSE is 77.55 to 243.29 with an average of 5.86 crore units traded per day.
There has been outstanding performance in the medium to long term – past performance has been 154.91 over 1 year, 214.03 over 3 years and 280.57 over 5 years. The ETF has significantly performed better than its industry average and its performance in tracing the price movements of silver effectively makes it an ideal investment in portfolio diversification.
The most important volatility factors are Standard deviation of 41.97, Sharpe ratio of 0.92 and Beta of 0.95 based on the rolling returns on a monthly basis over a period of 36 months.
Conclusion
Since its launch in 2022, SILVERBEES has established itself as the investment firm of choice when it comes to investing in silver in India, where the simplicity of exchange-traded investing can be combined with the reliable asset management of Nippon India Mutual Fund. It has good multi-year returns, a huge AUM base, and the underlying currents of industrial and safe-haven demand of silver, which makes it an attractive tool to Indian investors who want exposure to commodities in a regulated environment.
The article is informative and is not financial advice. Before investing you need to consult a financial advisor registered by SEBI.
