Sprott Silver Miners & Physical Silver ETF
Sprott Silver Miners & Physical Silver ETF (NASDAQ: SLVR) is an exchange-traded fund listed on NASDAQ, trading at $58.39 (about ₹5,598 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.65% and holds 77 securities. Indian residents can buy SLVR through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$57.55
Today's high
$58.76
52 week low
$38.37
52 week high
$85.90
SLVR opened at $58.02, closed previously at $57.80, and has traded between $38.37 and $85.90 over the past 52 weeks.
About
SLVR is designed to track an index of 30-50 companies engaged in silver mining and publicly traded closed-end trusts that hold physical silver. It primarily invests in firms that derive significant revenue from silver-related activities. The fund selects securities through a proprietary methodology, classifying issuers as growing Silver Producers, Developers, or Explorerscompanies involved in extracting silver, preparing mines, or searching for silver. Qualifying securities must have a Silver Intensity Score of at least 25%. Stocks are categorized into Group 1 for scores of at least 50% using unadjusted free float market cap, and Group 2 for scores between 25% and 50% using a theme-adjusted calculation. Weights are based on modified market-cap with adjustments to limit concentration, including a cap of 17.5% for physical silver. By rebalancing semi-annually, SLVR maintains exposure to companies that contribute to the silver industry while ensuring broad exposure to the segment.
Key statistics
Expense ratio
0.65%
Assets (AUM)
$745.1M
Holdings
77
NAV
$58.40
Avg. volume
—
1-year price change
+34.54%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
SLVR holds 77 securities in total. These 10 are 74.1% of the fund.
Where the money is invested
Countries
How to buy SLVR from India
Indian residents can buy SLVR 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.
Search SLVR and buy
Find the fund by its ticker, SLVR, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in SLVR from India
Trading and taxes when buying SLVR from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- 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
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the SLVR price today?
Sprott Silver Miners & Physical Silver ETF (SLVR) last traded at $58.39 on NASDAQ, as of 25 Sep 2026, 4:00 PM ET. That is ₹5,598 a unit at the 26 Sep 2026 USD/INR rate.
When does SLVR trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is SLVR, and what does it cost to hold?
Sprott Silver Miners & Physical Silver ETF manages about $745.1M. Its expense ratio is 0.65% a year, deducted inside the fund. It launched in 2025.
What are SLVR's largest holdings?
The top three are First Majestic Silver Corp. (20.4%), Sprott Physical Silver Trust (18.0%) and Aya Gold & Silver Inc. (9.0%). SLVR's 10 largest positions make up 74.1% of the fund.
Does SLVR pay dividends?
Yes. SLVR is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on SLVR 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.
Can I buy fractional units of SLVR?
Yes. You can buy SLVR by amount rather than by whole unit, and there is no minimum trade size.
How has SLVR performed?
SLVR's price is up 34.5% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.