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Silver ETFs outperform as equity-linked funds show mixed returns
Silver-linked funds outperformed equities in early January as volatility pressured ELSS and momentum-driven schemes.
Silver focused mutual fund products outperformed equity linked peers in the first week of January. The ABSL Silver ETF Fund of Fund gained 3.8% over one week and delivered 162% returns over the past year. In contrast, leading ELSS schemes posted modest weekly declines, while momentum-driven equity funds saw higher volatility amid broader market weakness.