Silver ETFs are getting noticed again in India, reflecting broader Latest News in India trends. Prices have been jumpy, headlines keep popping up, and retail investors like the “one-click” feel of an ETF. Even on market-news handles, silver has been trending lately, like this quick update by ET Markets on X about fresh highs. (ET Markets post)
A Silver ETF is still a market product, not a fixed-return plan. It trades like a stock on NSE/BSE, and on Groww the process is almost the same as buying a share. Simple, but not careless. That’s the point.
Step-by-step Process to Buy a Silver ETF on Groww
1) Set up Groww + demat (only once)
If Groww is not set up yet, start here: Open a Demat Account on Groww.
Keep PAN, Aadhaar, bank details ready. The usual KYC drill, nothing fancy.
2) Add funds
Use UPI/netbanking inside the app. Many people skip this and then panic at order time. Small thing, but it saves time.
3) Go to the ETF section
Groww has a dedicated ETF page: Invest in ETFs on Groww.
Or use the search bar and type “Silver ETF”.
4) Shortlist 2–3 Silver ETFs before buying
A helpful shortcut is Groww’s ETF screener: ETF Screener on Groww.
Or directly open a Silver ETF page and read the basics. Example pages:
Don’t buy the first name that appears. It’s still money.
5) Check 4 things on the ETF page
- Liquidity (volume): higher volume usually means easier buy/sell
- Bid-ask spread: wide spread quietly increases cost
- NAV vs market price: avoid paying a big premium
- Expense ratio / tracking: small numbers, but they matter over time
Here’s a simple view that works for most first-time buyers:
| Quick check | What it tells | What to prefer |
| Volume | ease of exit | steady daily activity |
| Spread | hidden cost | tight spread |
| NAV gap | overpay risk | close to NAV |
| Tracking | price match | closer tracking |
6) Place the order during market hours
Tap Buy and choose:
- Market order: quick execution, price may move a bit
- Limit order: you control price, execution may take time
If you want a plain explanation of ETF basics, SEBI’s investor site is a solid reference: SEBI: Understanding ETFs.
7) Charges and costs
Groww’s pricing page is here: Groww Pricing.
Just remember, brokerage is not the only cost. Spread and timing can pinch more on a volatile day. It happens.
Small Mistakes People Make while Buying Silver ETFs
- Buying with a market order when the spread is wide, and then regretting it later
- Picking a low-volume ETF and finding it hard to sell quickly
- Treating Silver ETF like a safe “parking” product. It’s not
- Ignoring that silver reacts to global cues, rates, and industrial demand. Fast moves are normal
Quick video help (known creators)
- Groww app ETF buying walkthrough: How to Invest in ETFs in Groww App
- ETF basics (clear and beginner-friendly): Asset Yogi ETF Investing
- ETF concept explained by a well-known finance educator: CA Rachana Ranade on ETFs
FAQs
1) Can Silver ETFs be bought on Groww without a demat account?
No. ETFs trade on the exchange like stocks, so demat is required.
2) What is the minimum amount needed to start?
Usually the price of one unit plus charges. It depends on the ETF’s live market price.
3) Is Silver ETF safer than buying physical silver?
Storage risk reduces, but price risk remains. Silver can swing hard in short periods.
4) Can Silver ETF units be sold anytime?
They can be sold during market hours. Selling is easier when the ETF has good volume.
5) Should a buyer use market order or limit order?
Limit orders often suit beginners better, especially when prices are moving fast.
