New Delhi, March 14 -- The response for the silver exchange traded funds (ETFs) has been quite strong since their launch three years ago, suggesting the rising lure of investing in precious metals by Indian investors.

Silver ETFs, which were allowed by the capital market regulator Securities and Exchange Board of India (SEBI) in November 2021, has seen their assets under management or AUM cross the Rs.13,500 crore mark by January 2025, according to data by Zerodha Fund House. In a little over three years, 12 silver ETFs have been launched by fund houses, with over six lakh folios.

Vaibhav Jalan, CBO of Zerodha Fund House said, "The increasing transaction volumes of silver ETFs are a clear indication of growing investor interest. These E...