How do I invest in silver for beginners?

Introduction

Silver is affordable, useful, and increasingly popular with first-time Indian investors. In 2026, more young Indians are adding silver to their portfolios for one simple reason: it offers a smart mix of accessibility (lower ticket size than gold) and real-world utility (solar, EVs, electronics). This guide curates the 10 easiest beginner-friendly ways and platforms to invest in silver in India – so you can choose what fits your budget, goals, and setup.

What you’ll learn:

• How each option works: physical silver (coins, bars, jewellery), digital silver, Silver ETFs, Silver FoFs, and more.

• Who it’s best for: savers, traders, long-term holders, or gifters.

• Account needs: whether you need a Demat account (ETFs/FoFs) or can invest app-only (digital silver).

• Liquidity: how quickly you can buy/sell and at what costs.

• Custody and safety: where your silver sits (vaults, custodians) and how it’s insured.

• Typical costs: premiums, making charges, brokerage, expense ratios, GST, and spreads.

Quick note on regulation:

• SEBI-regulated: Silver ETFs and Silver Fund-of-Funds (FoFs).

• Not SEBI-regulated: Most “digital silver” apps. Many partner with reputed vault/custody providers, but they’re not mutual fund/ETF products. Know the difference before you invest.

How to use this list:

• Pick based on your goal: habit-building SIPs, long-term exposure, gifting, or short-term trading.

• Pick based on your setup: Demat (ETFs/FoFs) or app-only (digital silver).

• Start small, compare costs, and focus on liquidity and safety.

Ready to start with ₹1 and build your silver stack the modern way – plus earn free Bitcoin rewards on every purchase? Download the OroPocket app: https://oropocket.com/app

1) OroPocket – Start silver with ₹1 + earn free Bitcoin rewards

What it is

Mobile-first app to buy/sell 24K digital gold and silver from as low as ₹1. Works with RBI-compliant, authorized bullion partners and fully insured vaults – so you get the simplicity of an app with the security of institutional custody.

Product URL: https://oropocket.com/

Standout for beginners

• ₹1 entry + lightning-fast UPI checkout

• Bitcoin rewards (Satoshis) on every silver buy – build two assets with one purchase

• Gamified streaks, spin-to-win, and referral rewards – turn saving into a daily habit

How to start (3 steps)

• Download the app and sign up in minutes

• Add money via UPI, buy silver from ₹1

• Track holdings live, sell anytime, or gift silver to friends/family

Good to know

• Secure custody with authorized bullion partners; 24×7 in-app liquidity

• Physical redemption options typically available on select SKUs (check app for availability and charges)

At-a-glance

Type	Regulation/Custody	Min investment	Account needed	Liquidity	Delivery option	Extras/Rewards
Digital silver micro-investing app	Not a SEBI-regulated fund; partners are RBI-compliant; metal stored in 100% insured vaults	₹1	Mobile app account; no Demat; UPI payments	24×7 in-app buy/sell	Physical redemption on select SKUs (check app)	Bitcoin cashback (Satoshis), daily streak bonuses, spin-to-win, referral rewards

2) DigiGold – 999 purity digital silver with doorstep delivery

What it is

App to buy/sell 999 silver online with live pricing. Silver is stored with reputed, insured vault partners, and you can gift or request doorstep delivery of coins/bars.

Product URL: https://www.digigold.com/

Standout for beginners

• Simple onboarding; start from low amounts (₹1)

• Free storage for a limited period with insured vaulting

• Option to gift instantly or take physical delivery

How to start (3 steps)

• Create an account and enter grams/amount

• Pay via UPI, cards, or net-banking

• Hold, sell instantly in-app, or request delivery

Good to know

• Not a SEBI-regulated ETF; pricing reflects platform’s benchmark/spot rates

• Check charges for storage beyond the free period and any making/delivery fees before ordering coins/bars

At-a-glance

Type	Regulation/Custody	Min investment	Account needed	Liquidity	Delivery option	Extras/Rewards
Digital silver app (999 purity)	Not a SEBI ETF/MF; silver stored with reputed, insured vault partners	₹1	App account; no Demat; UPI/cards/net-banking	In-app instant buy/sell (subject to platform T&Cs and spreads)	Doorstep delivery of coins/bars; making and delivery fees may apply	Gifting, limited free storage, 24×7 access

3) Augmont – Digital silver + SIP and delivery

What it is

Bullion brand offering digital silver, SIP plans for disciplined accumulation, and doorstep delivery of coins/bars through an app-led journey.

Product URL: https://www.augmont.com/

Standout for beginners

• SIP option to build silver steadily, hands-free

• Wide range of SKUs for delivery (coins/bars)

• Simple app-led purchase, sell-back, and redemption

How to start (3 steps)

• Sign up on the app/website

• Choose one-time buy or start a SIP in silver

• Sell back in-app or request delivery when needed

Good to know

• Digital silver is a platform-operated product, not an exchange-traded fund; review vaulting, storage, making, and delivery charges in advance

At-a-glance

Type	Regulation/Custody	Min investment	Account needed	Liquidity	Delivery option	Extras/Rewards
Digital silver with SIP and delivery	Not a SEBI ETF/MF; custody with reputed, insured vault partners (platform-operated)	Low ticket sizes (app-led)	App/web account; no Demat	In-app buy/sell; subject to spreads and platform T&Cs	Doorstep delivery of coins/bars; making and shipping fees may apply	SIP for discipline; broad SKU range

4) MMTC-PAMP – Trusted silver coins/bars (and digital via partners)

What it is

India’s leading LBMA-accredited refinery offering high-purity silver coins and bars; select partner apps also facilitate digital purchases backed by MMTC-PAMP metal.

Product URL: https://www.mmtcpamp.com/

Standout for beginners

• Reputed brand with hallmark purity and Swiss craftsmanship

• Ideal for buyers who prefer tangible silver coins/bars for gifting or long-term holding

How to start (3 steps)

• Browse available silver SKUs online or via partner platforms

• Purchase and choose delivery or pickup, as offered

• Store securely (locker/home safe) or use authorized buyback channels when selling

Good to know

• Physical silver comes with making/delivery costs and storage needs; liquidity depends on authorized buyback partners and market spreads

At-a-glance

Type	Regulation/Custody	Min investment	Account needed	Liquidity	Delivery option	Extras/Rewards
Physical silver coins/bars; digital via partners	Physical bullion with LBMA-accredited refinery; partner-led digital custody where applicable	Varies by SKU	Website/partner app purchase; no Demat	Physical resale via authorized channels; partner app liquidity varies	Doorstep delivery or pickup (as available)	Brand assurance, hallmark purity, collectible designs

5) Groww – Buy Silver ETFs and Silver FoFs without hassle

What it is

Popular investing platform for mutual funds and stocks; lets you invest in Silver ETFs and Silver Fund-of-Funds (FoFs). FoFs track Silver ETFs and don’t need a Demat, while ETFs require a Demat/trading account.

Product URL: https://groww.in/

Standout for beginners

• App-led onboarding and KYC; FoFs don’t need a Demat

• SIPs possible in Silver FoFs for disciplined investing

• Track all holdings in one place across funds and ETFs

How to start (3 steps)

• Open an account and complete KYC

• Search for Silver ETFs or Silver Fund-of-Funds

• Invest lump sum or via SIP; track NAV and performance in app

Good to know

• ETFs need a Demat/trading account; FoFs are mutual funds that invest in Silver ETFs and are SEBI-regulated

At-a-glance

Type	Regulation/Custody	Min investment	Account needed	Liquidity	Delivery option	Extras/Rewards
Silver ETFs and Silver FoFs	SEBI-regulated (ETFs/FoFs); ETFs hold 99.9% silver via custodians; FoFs hold ETF units	Typically low minimums; SIPs in FoFs	ETFs: Demat + trading; FoFs: MF account (no Demat)	ETFs: exchange liquidity; FoFs: MF redemption timelines	Not applicable (financial products)	SIPs in FoFs; consolidated tracking in one app

6) Zerodha – Trade Silver ETFs via Kite; hold MFs via Coin

What it is

India’s leading broker that lets you buy/sell Silver ETFs on NSE/BSE via Kite, and invest in Silver Fund-of-Funds through Coin (no Demat required for mutual funds).

Product URL: https://zerodha.com/

Standout for beginners

• Clean, intuitive interface with flat, transparent brokerage

• Trusted by crores of investors; rich learning via Varsity and TradingQ&A

How to start (3 steps)

• Open a Zerodha account (Demat + trading)

• Search for Silver ETFs on Kite and place orders like a stock

• Track holdings and NAVs in Kite; use Coin to invest in Silver FoFs

Good to know

• Brokerage, exchange, and statutory charges apply on ETFs; FoFs have expense ratios and mutual fund TATs

At-a-glance

Type	Regulation/Custody	Min investment	Account needed	Liquidity	Delivery option	Extras/Rewards
Silver ETFs via Kite; Silver FoFs via Coin	SEBI-regulated ETFs/FoFs; custodial vaults for ETF silver; FoFs hold ETF units	Low minimums; SIPs for FoFs	ETFs: Demat + trading; FoFs: MF account on Coin (no Demat)	ETFs: exchange liquidity; FoFs: MF redemption timelines	Not applicable (financial products)	Low brokerage; extensive education (Varsity), community support

7) HDFC Silver ETF – Simple, SEBI-regulated silver exposure

What it is

Exchange Traded Fund that aims to track domestic silver prices by holding high-purity silver as per SEBI regulations.

Product URL: https://www.hdfcfund.com/

Standout for beginners

• No storage hassles; transparent daily NAV

• Trade on NSE/BSE like a stock

How to start (3 steps)

• Open a Demat + trading account with any broker

• Search the ETF symbol and buy units during market hours

• Track NAV and monitor the market price vs NAV spread

Good to know

• Indian Silver ETFs hold 99.9% purity LBMA-standard bars; minor tracking error may occur due to expenses and operational factors

At-a-glance

Type	Regulation/Custody	Min investment	Account needed	Liquidity	Delivery option	Extras/Rewards
Silver ETF	SEBI-regulated; underlying silver bars meeting LBMA Good Delivery standards	Low ticket size (1 unit)	Demat + trading account	Exchange liquidity during market hours	Not applicable	Transparent NAV; simple access to silver prices

“SEBI requires Silver ETFs to invest in physical silver as standard 30 kg bars with 99.9% fineness, conforming to LBMA Good Delivery standards.” – Source

8) ICICI Prudential Silver ETF – Diversify with industrial metal

What it is

Silver ETF that offers direct exposure to silver price movements with intraday exchange liquidity on NSE/BSE.

Product URL: https://www.icicipruamc.com/

Standout for beginners

• SEBI-regulated ETF structure with transparent disclosures

• Works well for long-term asset allocation alongside equity and debt

How to start (3 steps)

• Use any broker to place a buy order in the ETF from your Demat + trading account

• Monitor holdings via your broker app and the fund’s factsheet/NAV updates

• Create a SIP-like plan by scheduling periodic buys (weekly/monthly)

Good to know

• ETFs can trade at a small premium/discount to NAV; check spreads, volumes, and expense ratio

At-a-glance

Type	Regulation/Custody	Min investment	Account needed	Liquidity	Delivery option	Extras/Rewards
Silver ETF	SEBI-regulated; underlying silver bars meeting LBMA Good Delivery standards, held with custodians	Low (1 unit)	Demat + trading account	Intraday exchange liquidity during market hours	Not applicable	Transparent NAV, factsheets, and daily disclosures

9) Nippon India Silver ETF – Low-friction way to hold silver

What it is

ETF that invests in physical silver to mirror domestic price trends; tradable on exchanges throughout market hours with transparent NAVs and daily disclosures.

Product URL: https://www.nipponindiaim.com/

Standout for beginners

• Passive product designed to track the underlying commodity

• Broad broker/platform availability for easy access

How to start (3 steps)

• Buy via your broker using the ETF ticker from your Demat + trading account

• Track daily NAV and market price in your broker app

• Exit anytime during market hours based on your plan

Good to know

• Expense ratio and custody/storage costs are embedded in the fund’s TER; ETFs may trade at a small premium/discount to NAV depending on liquidity and spreads

At-a-glance

Type	Regulation/Custody	Min investment	Account needed	Liquidity	Delivery option	Extras/Rewards
Silver ETF	SEBI-regulated; underlying 99.9% purity silver bars with custodians	Low (1 unit)	Demat + trading account	Intraday exchange liquidity	Not applicable	Transparent NAV, daily factsheets, wide platform access

10) SBI Silver ETF – Exchange-traded, transparent, and liquid

What it is

Silver ETF from a large AMC that provides direct exposure to silver prices without the hassles of handling or storing physical metal.

Product URL: https://www.sbimf.com/

Standout for beginners

• Daily NAV disclosure for transparency

• Backed by high-purity bullion with independent verification and custody

How to start (3 steps)

• Open a Demat + trading account with your preferred broker

• Purchase ETF units on NSE/BSE through the broker platform

• Track performance via fund fact sheets and NAV updates

Good to know

• For Demat-free investing, consider the SBI Silver FoF (a mutual fund that invests in the ETF)

At-a-glance

Type	Regulation/Custody	Min investment	Account needed	Liquidity	Delivery option	Extras/Rewards
Silver ETF	SEBI-regulated; silver held with custodians to LBMA standards	Low (1 unit)	Demat + trading account	Intraday liquidity on exchanges	Not applicable	Transparent daily NAV and factsheets

Overall comparison table

Product	Category (Digital Silver / ETF / Broker / Physical)	Min investment	Needs Demat?	Liquidity	Delivery option	Regulation/Custody	Typical cost snapshot	Best for
OroPocket	Digital Silver	₹1	No	24×7 in-app buy/sell	Physical redemption on select SKUs	Not a SEBI fund; RBI-compliant partners; insured vaults	Buy–sell spread; optional redemption/delivery fees	Starting small via UPI + earning Bitcoin rewards
DigiGold	Digital Silver	₹1	No	In-app instant buy/sell	Doorstep delivery of coins/bars	Not SEBI-regulated; insured vault partners	Spread; limited free storage, storage fees after; making/delivery fees	Gifting and occasional delivery
Augmont	Digital Silver	Low (app-led)	No	In-app buy/sell (platform T&Cs)	Doorstep delivery; wide SKU range	Platform-operated; insured vaults	Spread; SIP optional; making/shipping fees on delivery	SIP-based accumulation + delivery choices
MMTC-PAMP	Physical	Varies by SKU (coin/bar)	No	Physical resale via authorized channels	Delivery/pickup (as available)	LBMA-accredited refinery; hallmark purity	Premium/making charges; logistics; buyback spread	Tangible coins/bars and gifting
Groww	Broker	FoF SIP ~₹100; ETF 1 unit	ETFs: Yes; FoFs: No	ETFs: exchange hours; FoFs: MF redemption TAT	Not applicable	SEBI-regulated ETFs/FoFs (custodian-held bullion for ETFs)	ETF brokerage + TER; FoF expense ratio	One-app access to ETFs/FoFs with SIPs
Zerodha (Kite/Coin)	Broker	ETF 1 unit; FoF SIP ~₹100	ETFs: Yes; FoFs: No	ETFs: exchange hours; FoFs: MF redemption TAT	Not applicable	SEBI-regulated ETFs/FoFs (custodian-held bullion for ETFs)	Low brokerage on ETFs; FoF expense ratio	Low-cost trading and clean UX
HDFC Silver ETF	ETF	1 unit	Yes	Intraday on NSE/BSE	Not applicable	SEBI-regulated; 99.9% LBMA bars with custodian	TER + brokerage/exchange fees; minor tracking error	Simple, transparent silver exposure
ICICI Prudential Silver ETF	ETF	1 unit	Yes	Intraday on NSE/BSE	Not applicable	SEBI-regulated; 99.9% LBMA bars with custodian	TER + brokerage/exchange fees; minor tracking error	Long-term allocation to silver
Nippon India Silver ETF	ETF	1 unit	Yes	Intraday on NSE/BSE	Not applicable	SEBI-regulated; 99.9% LBMA bars with custodian	TER + brokerage/exchange fees; minor tracking error	Wide platform availability
SBI Silver ETF	ETF	1 unit	Yes	Intraday on NSE/BSE	Not applicable	SEBI-regulated; 99.9% LBMA bars with custodian	TER + brokerage/exchange fees; minor tracking error	Big-brand ETF with daily NAV transparency

Conclusion & next steps

Silver is affordable, flexible, and easy to start. Pick your lane:

• Digital silver apps: simplest way to begin, perfect for gifting and small, frequent buys.

• ETFs/FoFs: SEBI-regulated, transparent, Demat-friendly exposure (FoFs don’t need Demat).

• Brokers: direct market access to Silver ETFs with live pricing and high liquidity.

• Coins/bars: tangible ownership for gifting or long-term holding (consider making and storage costs).

Beginner move:

• Start small and be consistent – use SIPs or scheduled buys.

• Understand charges (spreads, TER, brokerage), storage rules, and taxation before you commit.

• Stay goal-focused: treat silver as a diversification layer, not a shortcut to riches.

Our recommendation:

• If you want the fastest on-ramp with rewards, try OroPocket. Buy silver from ₹1 via UPI, earn Bitcoin (Satoshis) on every purchase, and build an investing habit with streaks and spins.

Call to action:

• Download the OroPocket app and start your silver journey in under 30 seconds: https://oropocket.com/app