Mumbai, October 27, 2026: Invesco Mutual Fund today announced the launch of Invesco India Silver ETF (an open-ended scheme replicating/tracking the price of Silver) and Invesco India Silver ETF Fund of Fund (an open-ended scheme investing in units of Invesco India Silver ETF), offering investors a convenient and efficient way to gain exposure to silver as an asset class.
Silver is gaining increasing attention from investors due to its unique dual role as both a precious metal and an industrial commodity. Beyond its traditional appeal as a store of value, silver has become an increasingly important industrial metal, with applications spanning solar panels, electric vehicles, semiconductors, 5G infrastructure and medical devices. Notably, industrial applications now account for nearly 60% of global silver demand, highlighting the structural drivers supporting the metal’s long-term outlook. Coupled with its diversification potential and relatively low correlation with traditional asset classes, silver is increasingly finding a place in investor portfolios. To help investors access this opportunity conveniently and efficiently, Invesco Mutual Fund has launched the Invesco India Silver ETF and Invesco India Silver ETF Fund of Fund.
Invesco India Silver ETF will invest predominantly in physical silver of 99.9% purity or higher, with the objective of generating returns in line with the performance of the price of physical silver, subject to tracking error. The ETF offers investors a convenient alternative to holding physical silver by eliminating concerns around storage, purity, transportation and insurance.
Invesco India Silver ETF Fund of Fund will predominantly invest in units of the Invesco India Silver ETF and is designed for investors seeking exposure to silver without requiring a demat account. The scheme offers ease of investment through the mutual fund route and enables investors to invest through SIPs as well as lump sum investments. Both the schemes will be managed by Abhisek Bahinipati.
The minimum lumpsum investment amount during the NFO period is ₹5,000 and in multiples of ₹1 thereafter for Invesco India Silver ETF, and ₹1,000 and in multiples of ₹1 thereafter for Invesco India Silver ETF Fund of Fund. For SIP investments, the Invesco India Silver ETF Fund of Fund offers Daily (minimum ₹20, available only through digital platforms), Weekly (minimum ₹100), Monthly (minimum ₹100) and Quarterly (minimum ₹300) frequencies, and in multiples of ₹1 thereafter. Invesco India Silver ETF Fund of Fund will charge an exit load of 1% for units redeemed/switched out on or before 15 days from the date of allotment. No exit load will be charged if units are redeemed/switched out after 15 days.
The New Fund Offers (NFO) are open for subscription from today (October 27, 2026) and will close on November 9, 2026.
