SilverBees ETF: A Sparkling Investment Prospect
Table of Contents
In an era where diversification is key, adding precious metals to your investment portfolio can offer both stability and growth potential. The Nippon India Silver ETF (SILVERBEES) provides a unique opportunity for investors to tap into the value of silver, one of the most widely used and valued precious metals globally. Whether you’re seeking a hedge against inflation or a long-term growth asset, the SILVERBEES ETF is designed to meet your investment needs.
Why Invest in SILVERBEES ETF?
The SILVERBEES ETF is designed to closely track the domestic price of silver, offering investors a way to gain exposure to this valuable commodity without the hassle of physical storage. As a passively managed fund, SILVERBEES provides a cost-effective and convenient method for adding silver to your investment portfolio.
Performance Overview
The SILVERBEES ETF has demonstrated robust performance, particularly in recent months, reflecting the ongoing demand and value appreciation of silver. Below is a summary of the fund’s returns compared to its category:
Time Period | Fund Returns (%) | Category Returns (%) |
---|---|---|
3 Months | -4.41 | -4.20 |
6 Months | 22.18 | 16.77 |
1 Year | 15.96 | 18.53 |
Since Inception | 11.02 (Annualized) | 12.09 (Annualized) |
The SILVERBEES ETF has delivered strong returns, particularly over the last 6 months, significantly outperforming its category average. This performance highlights the ETF’s effectiveness in capturing the price movements of silver, making it a valuable addition to a diversified portfolio.
As an ETF focused on silver, the SILVERBEES ETF invests primarily in physical silver, ensuring that investors’ holdings are directly correlated with the price movements of the metal:
With nearly 100% of its assets invested in physical silver, the SILVERBEES ETF offers direct exposure to the metal’s market performance, providing both security and potential for growth.
Growth of ₹10,000 Investment
To illustrate the potential of the SILVERBEES ETF, let’s consider how much an investment of ₹10,000 at inception would have grown over time:
● Value of ₹10,000 Invested Since Inception: ₹16,750
● Annualized Returns Since Inception: 11.02%
This substantial growth demonstrates the effectiveness of the SILVERBEES ETF as a vehicle for long-term wealth accumulation, particularly for investors seeking to diversify their holdings with precious metals.
Advantages of Investing in SILVERBEES ETF
🔹 Direct Exposure to Silver: The SILVERBEES ETF provides direct exposure to the domestic price of silver, allowing investors to benefit from the metal’s price appreciation.
🔹 Cost-Effective: With a low expense ratio of 0.56%, the SILVERBEES ETF is a cost-effective way to gain exposure to silver compared to purchasing physical silver, which often comes with additional costs like storage and insurance.
🔹 Liquidity: SILVERBEES units can be easily bought and sold on the NSE during trading hours, offering high liquidity and flexibility compared to physical silver investments.
🔹 Security: Unlike physical silver, SILVERBEES units are held electronically, eliminating concerns about theft or storage.
Is SILVERBEES ETF Right for You?
If you are looking to diversify your investment portfolio with precious metals, the SILVERBEES ETF is an excellent choice. It provides a convenient, secure, and cost-effective way to invest in silver, with the added benefit of liquidity that physical silver cannot offer.
How to Invest in SILVERBEES ETF?
Investing in the SILVERBEES ETF is straightforward. You can purchase units through any brokerage account, just like you would with individual stocks. Additionally, if you’re interested in systematic investments, you can set up a SIP to regularly invest in the ETF, allowing you to build your exposure over time.
Why Choose Navia’s Zero Brokerage Stock Investing App to invest in SILVERBEES ETF?
Investing in the SILVERBEES ETF through Navia’s zero brokerage stock investing app offers several advantages:
🔸 Cost Savings: Zero brokerage ensures that investors save on transaction costs, enhancing overall returns.
🔸 User-Friendly Interface: Navia’s app is designed to be intuitive and easy to use, making the investment process seamless.
🔸 Easy Stock/ETF SIP baskets: Easily create a stock/ETF basket of your choice and start an SIP.
🔸 24/7 Accessibility: Investors can manage their investments anytime, anywhere, providing convenience and flexibility. Know more about the APP here. Check out the how to video’s here.
Here is a list of other SILVER ETF’s and their returns as on 28th September 2024
ETF Name | 30 Day Return | 365 Day Return | Live NAV |
Edelweiss Silver ETF (ESILVER) | 6.20% | Not Available | Click here |
Tata Silver ETF (TATSILV) | 6.42% | Not Available | Click here |
SBI Silver ETF (SBISILVER) | 6.11% | Not Available | Click here |
UTI Silver ETF (SILVERETF) | 6.38% | 27.06% | Click here |
Kotak Silver ETF (SILVER1) | 6.27% | Not Available | Click here |
HDFC Silver ETF (HDFCSILVER) | 5.41% | 27.22% | Click here |
Mirae Asset Silver ETF (SILVRETF) | 5.40% | 27.68% | Click here |
DSP Silver ETF (SILVERADD) | 6.32% | Not Available | Click here |
Silver Bees (SILVERBEES) | 6.06% | 27.02% | Click here |
Steps to Set up SIP for SILVERBEES ETF on Navia APP:
1. Download and Log In to the Navia app.
2. Goto Tools->Basket and create a Basket with name of your choice. Setup a Weekly or Monthly SIP. If you are setting a weekly SIP, select the day of the week. If you are setting a monthly SIP, selected the day of the month for the SIP to be executed.
3. Use the Add option to add SILVERBEES to the basket and select the quantity and price. Market price is most preferable if you are setting a SIP.
4. Confirm and Activate the SIP. You can always Pause the SIP when needed. You can also edit the Stock price and QTY in the SIP by using the Edit option.
With zero brokerage, setting up a SIP on the Navia app is cost-effective and hassle-free, making it an excellent option for long-term investors. Navia also provides FREE Ready made ETF baskets for hassle free SIP investment on selected TOP ETF’s. To know more about these curated basket click here
Conclusion
The Nippon India Silver (SILVERBEES) ETF offers a gleaming opportunity for investors seeking to benefit from the stability and growth potential of silver. With its strong performance, direct exposure to the physical silver market, and cost-effective investment structure, SILVERBEES is a valuable addition to any diversified portfolio.
Don’t miss out on the opportunity to secure your financial future with silver. Start investing in the SILVERBEES ETF today and let your investments shine.
Explore the SILVERBEES ETF and start your investment journey now!
DISCLAIMER: Investments in the securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Brokerage will not exceed the SEBI prescribed limit.
We’d Love to Hear from you-