The Motilal Oswal Silver Exchange Traded Fund (ETF) is structured to track silver prices and provide investors direct exposure to silver metal in a mutual‐fund wrapper. The fund’s AUM is around ₹450 crore and its expense ratio is approximately 0.20%. The one‑year return is estimated at ~35% and the three‑year CAGR at ~14%, ahead of the commodity specialist fund average of ~10%. Portfolio holdings are 100% invested in silver futures/tracking silver price. Suitable for investors seeking specific metal (silver) exposure with high volatility and thematic risk.