Overview
Description
The Tata Silver Exchange Traded Fund is a type of exchange-traded fund primarily focused on offering exposure to silver as a commodity. Its main purpose is to reflect the performance of the price of silver, providing investors with a convenient way to invest in the metal without needing to physically purchase or store it. This ETF plays a significant role for those looking to diversify their portfolio with precious metals, as silver is known for its dual role both as an industrial metal and a store of value.
The fund tracks the domestic price of silver, accounting for all the associated costs, providing an insight into the commodity markets without the complexities of direct investment in raw silver. ETFs like the Tata Silver Exchange Traded Fund can influence sectors that rely on silver, such as electronics, jewelry, and renewable energy, due to silver's applications in those industries. This ETF is significant in the commodities market, offering transparency, liquidity, and easier access to silver investments through traditional stock exchanges.
About
CEO
Employees
0
Address
221, Dr. D N Road
Mumbai, 400001
Mumbai, 400001
Phone
91 22 66578282
Website
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Instrument type
Common stock
Sector
Industry
Country
India
MIC code
XNSE