DSP Investment Managers launched the DSP Silver ETF facilitating investment in physical silver and silver-related instruments. The new ETF assists investors with an effortless way to buy or sell silver compared to the physical version with the freedom to trade.
Silver offers to hedge against a standard ‘equity-debt portfolio’ due to its low correlation with equity and negative correlation with debt. Silver in INR terms has outperformed Silver in USD due to currency depreciation. This is because silver prices in India are derived from international silver prices but are, then converted after adding currency effects and other costs of landing.
However, investing in silver is a high-risk strategy and is more suited for experienced investors who understand precious metals or commodities cycles
The New Fund Offer for the Silver ETF opens for subscription on August 1st, 2022 and closes on August 12th, 2022.
Anil Ghelani, CFA, Head of Passive Investments & Products, DSP Investment Managers says, “Investing in silver via an ETF is a modern and smart way for investors to gain exposure to this precious metal in an easy, digital form. However, investors should expect fluctuations in short-term returns, especially during times of market volatility. An investment in DSP Silver ETF is suitable for investors looking to diversify, or for experienced investors or those with access to expert financial advice”.