By Anshul Oct 1, 2021 8:06:07 PM IST (Updated)
Market regulator Sebi has recently allowed mutual fund houses to introduce silver exchange-traded funds (ETFs) in the Indian market. Currently, Indian mutual funds are allowed to launch ETFs tracking on gold. However, there are no silver ETFs available.
Market regulator Sebi has allowed mutual fund houses to introduce silver exchange-traded funds (ETFs) in the Indian market. Currently, Indian mutual funds are allowed to launch ETFs tracking on gold. However, there are no silver ETFs available.
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While the financial experts are calling the amendment a welcome change, a lot of investors could be facing dilemmas on whether silver ETFs are worth it?
Arshad Fahoum, Chief Product Officer — Market Pulse Technologies said this is advantageous since investors looking to gain exposure to silver prices can now do away with the drawbacks of buying physical silver; such as holding costs and theft risk.