The Groww Silver ETF FoF invests predominantly in a silver‑linked ETF and thus tracks the domestic silver price movement. Since inception it has delivered ~38.9% CAGR (as per latest data) and is classified under thematic commodity / precious metal FoF category. It holds ~97% in the underlying silver ETF and ~3% in cash or equivalents. The scheme suits investors seeking metal‑specific exposure (silver) for inflation hedge, diversification and thematic allocation, and who accept high volatility and commodity cycle risk.