WisdomTree Physical Silver
WisdomTree Physical Silver (LSE: PHSP) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £41.75 (about ₹5,315 a unit) as of 1 Oct 2026, 11:17 AM ET. It has an expense ratio of 0.49%. Indian residents can buy PHSP through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£41.51
Today's high
£42.08
52 week low
£31.23
52 week high
£80.23
PHSP opened at £41.87, closed previously at £41.27, and has traded between £31.23 and £80.23 over the past 52 weeks.
About
WisdomTree Physical Silver is a UCITS-compliant Exchange Traded Commodity (ETC) designed to provide investors with a straightforward, economical, and secure avenue for exposure to physical silver. Its value directly tracks fluctuations in the silver spot price, accounting for applicable management fees. This ETC is entirely backed by segregated physical silver holdings, which are securely stored by HSBC Bank plc, its designated custodian. The custodian exclusively accepts silver bars that adhere to the rigorous "Good Delivery" standards established by the London Bullion Market Association (LBMA). Each physical bar is individually identified, separated, and specifically assigned. Consequently, if the spot price of physical silver rises or falls by 1% on a particular day, the ETC's value will reflect a comparable 1% change, before factoring in fees.
Key statistics
Expense ratio
0.49%
Assets (AUM)
£1.9B
Holdings
—
NAV
£4,220.00
Avg. volume
—
1-year price change
+30.19%
5-year price change
+169.62%
Price change excludes dividends.
Top holding
These 1 are 100.0% of the fund.
Similar funds
This is not an investment recommendation
How to buy PHSP from India
Indian residents can buy PHSP units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.
Search PHSP and buy
Find the fund by its ticker, PHSP, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in PHSP from India
Trading and taxes when buying PHSP from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the PHSP price today?
WisdomTree Physical Silver (PHSP) last traded at £41.75 on the London Stock Exchange ETF segment, as of 1 Oct 2026, 11:17 AM ET. That is ₹5,315 a unit at the 30 Sep 2026 GBP/INR rate.
When does PHSP trade, in Indian time?
The London Stock Exchange ETF segment trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
How big is PHSP, and what does it cost to hold?
WisdomTree Physical Silver manages about £1.9B. Its expense ratio is 0.49% a year, deducted inside the fund. It launched in 2007.
What are PHSP's largest holdings?
Its largest holding is Silver (100.0%).
How are gains on PHSP taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
How has PHSP performed?
PHSP's price is up 30.2% over the past year and up 169.6% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.