Overview
Description
The Zerodha Silver Exchange Traded Fund is a distinctive financial instrument designed to provide investors with exposure to silver, a precious metal known for its industrial and investment purposes. This ETF offers a convenient and cost-effective way to invest in silver without the need to physically purchase and store the metal. By tracking the performance of silver prices, the fund enables investors to benefit from silver's price movements. Silver has a wide range of industrial applications, including electronics, solar panels, and medical equipment, making it a significant component in various sectors. Additionally, silver serves as a hedge against inflation and currency fluctuations, enhancing its role as a safe-haven asset in volatile markets. As part of Zerodha's suite of financial products, the Silver ETF is accessible through their trading platform, appealing to both retail and institutional investors seeking to diversify portfolios and explore commodity investments. The fund's presence in the market underscores the increasing interest in commodity-based instruments as part of a well-rounded investment strategy.
About
CEO
Employees
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Address
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Phone
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Website
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Instrument type
Common stock
Sector
Industry
Country
India
MIC code
XNSE