News From Press Silver ETF gains greater traction as AUM tops Rs 5,000 crore in April

Silver ETF gains greater traction as AUM tops Rs 5,000 crore in April

Source: Business Standard Apr 30, 2024

Two years after the launch of the first mutual fund (MF) offering, silver exchange-traded funds (ETFs) are gaining greater traction. The assets under management (AUM) of the eight ETFs offered by various fund houses crossed the Rs 5,000 crore mark in April amid a rally in silver prices.

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