New Delhi, Sept. 23 -- Gold and silver have long been part of Indian portfolios. But today, investors are exploring more ways to gain exposure to these metals than simply buying jewellery, bars, and coins. With metal funds, you have a market-linked route to participate in precious metal prices.

However, if you notice a spike in the price of gold or silver, it doesn't mean that all the funds tracking the metal would deliver similar returns. Several factors like costs, tracking efficiency, volatility, and liquidity determine these returns.

Here, we have discussed five key metrics that investors must examine to evaluate how efficiently the fund tracks the underlying metal.

Although metal funds provide you with exposure to the same underly...