Silver commodity based mutual funds have offered an average return of 28.51% in 2024 so far. HDFC Silver ETF topped the category with 31.54% returns. Aditya Birla Sun Life Silver ETF and ICICI Prudential Silver ETF offered 29%. Five other funds offered around 27% returns. Gold and silver funds are used for portfolio diversification, with a small allocation of around 10% recommended.
