Global X Silver Miners UCITS ETF USD Acc
Global X Silver Miners UCITS ETF (LSE: SILV) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at $38.93 (about ₹3,661 a unit) as of 9 Nov 2026, 12:02 PM ET. It has an expense ratio of 0.65% and holds 38 securities. Indian residents can buy SILV through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$37.32
Today's high
$39.04
52 week low
$29.66
52 week high
$58.99
SILV opened at $37.32, closed previously at $36.80, and has traded between $29.66 and $58.99 over the past 52 weeks.
About
The Global X Silver Miners UCITS ETF (SILV LN) is structured to closely mirror the total financial return of the Solactive Global Silver Miners Total Return v2 Index. This encompasses both the capital growth and any income generated by the index's holdings, all measured prior to the deduction of fund management fees and operational costs.
Key statistics
Expense ratio
0.65%
Assets (AUM)
$1.2B
Holdings
38
NAV
$37.30
Avg. volume
76.85K
1-year price change
+29.94%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
SILV holds 38 securities in total. These 10 are 74.4% of the fund.
Where the money is invested
Sectors
Countries
Similar funds
This is not an investment recommendation
How to buy SILV from India
Indian residents can buy SILV units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in SILV from India
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.
Search SILV and buy
Find the fund by its ticker, SILV, on the London Stock Exchange ETF segment, and place your order.
Track holdings and download tax reports
Follow your SILV position in USD and INR. SILV reinvests its income instead of paying it out, so your filing is the capital-gains statement plus the Schedule FA holding line.
Trading and taxes when buying SILV 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
- Dividends
- ReinvestedDividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
FAQs
What is the SILV price today?
Global X Silver Miners UCITS ETF (SILV) last traded at $38.93 on the London Stock Exchange ETF segment, as of 9 Nov 2026, 12:02 PM ET. That is ₹3,661 a unit at the 8 Nov 2026 USD/INR rate.
When does SILV trade, in Indian time?
The London Stock Exchange ETF segment trades 1:30 pm – 10:00 pm IST. The window shifts to 12:30 pm – 9:00 pm IST when the UK is on daylight time. Orders can only execute during that window.
How big is SILV, and what does it cost to hold?
Global X Silver Miners UCITS ETF manages about $1.2B. Its expense ratio is 0.65% a year, deducted inside the fund. It launched in 2022.
Is SILV a UCITS ETF?
Yes. Global X Silver Miners UCITS ETF is a UCITS fund domiciled in Ireland, set up under the European Union's UCITS rules for funds sold across Europe. It is listed on the London Stock Exchange ETF segment and trades in US dollars.
What are SILV's largest holdings?
The top three are WHEATON PRECIOUS METALS CORP (15.9%), PAN AMERICAN SILVER CORP (12.2%) and COEUR MINING INC (11.3%). SILV's 10 largest positions make up 74.4% of the fund.
Is SILV subject to US estate tax?
No. Because SILV is domiciled in Ireland rather than the US, it is not a US-situs asset, so US estate tax does not apply to it. US-listed ETFs held directly can be taxed at up to 40% above $60,000 when they pass to your family.
Is SILV accumulating or distributing?
Accumulating. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
How are US dividends taxed inside SILV?
The US withholds 15% on dividends from the US shares the fund holds, and that tax is paid inside the fund. You cannot claim it as a Foreign Tax Credit in India.
How are gains on SILV 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 SILV performed?
SILV's price is up 29.9% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is SILV different from a US-listed ETF?
SILV is domiciled in Ireland rather than the US. That keeps it outside US estate tax, and dividend withholding on its US shares is 15%, paid inside the fund, instead of the 25% withheld on a US-listed ETF. The 25% can generally be claimed as a credit in India; the 15% cannot. Capital gains on both are taxed the same way in India.