Silver funds are shining bright. Time to invest?

White metal sees a boom

Silver funds are on a roll. As of May 31, 2024 , they had jumped by nearly 32.4% in the last three months .

Reasons for the upswing

1) Stimulus measures by China , 2) Growing geopolitical tensions in the Middle East , 3) Russia-Ukraine conflict

Silver funds gain momentum

Due to the uptrend, the number of silver funds has ballooned to 19 since 2021 , with SBI Mutual Fund filing an offer document for an ETF-based FoF .

So, should you include silver funds in your portfolio?

Despite the current uptick in their performance, investing in silver funds may not be such a good idea .

Why?

Given that silver prices either fell or remained stagnant between 2012 and 2020 , it isn’t an asset class that can help you build wealth in the long run.

So, where should you invest?

Find out by grabbing Mutual Fund Insight’s latest issue from the link below. Click Here

Other Webstories

[{"selector":"#anim-2ee0dbbb-1c10-41e3-b811-39b12961e7e6","keyframes":{"opacity":[0,1]},"delay":200,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4aa64940-ee1e-47dc-a94f-d8e71890916b","keyframes":{"transform":["translate3d(-125.51724%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-69bc2f30-836b-4d97-8751-77f1921f1fe8","keyframes":{"opacity":[0,1]},"delay":300,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5594e251-5ae7-46b0-88e2-03e5cb9c6a1f","keyframes":{"opacity":[0,1]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0cfedd3e-7247-4786-8af0-9979e7504df5","keyframes":{"transform":["translate3d(-194.52735%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a9f7cdf4-9b0f-4e8b-a5d1-e464e67f9aa2","keyframes":{"opacity":[0,1]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fde2e8f7-b3cf-47e3-8ce5-faca677fa860","keyframes":{"transform":["translate3d(-125.51724%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2cbfa8ce-1cf5-4a8f-94dd-784f7cec274e","keyframes":{"opacity":[0,1]},"delay":900,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1de012e0-55ce-4eaf-bb7c-cc50c187be6c","keyframes":{"opacity":[0,1]},"delay":1000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-312f7664-13a8-4a54-9e07-8cc9be6885ce","keyframes":{"transform":["translate3d(-194.52735%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6a200866-b04a-4ca1-ad1d-1727b2bc5c2a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1be5c3dc-19b3-42e4-91f1-efa17358174e","keyframes":{"transform":["translate3d(-125.51724%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-66ee4b9e-6d7a-4d1a-8e83-3e06a0eb980e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9562413b-58f2-4254-98f8-ca0a83a7d4d5","keyframes":{"transform":["translate3d(-125.51724%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more