Kotak Silver ETF Fund of Fund
Kotak Mahindra Mutual Fund · Domestic FoF · Regular plan, growth option
| Period | Scheme | Category median | Silver FoF median |
|---|---|---|---|
| 1 month | -4.1% | -3.7% | -4.1% |
| 3 months | -1.3% | -1.1% | -1.4% |
| 6 months | -7.0% | 3.0% | -7.2% |
| Year to date | -4.0% | 1.8% | -3.8% |
| 1 year | 48.9% | 4.9% | 47.6% |
| 3 years (CAGR) | 42.5% | 12.3% | 42.5% |
| 5 years (CAGR) | n/a | 9.8% | n/a |
| 7 years (CAGR) | n/a | 13.3% | n/a |
| 10 years (CAGR) | n/a | 11.0% | n/a |
| Since first NAV (CAGR) | 33.9% | – | – |
“Silver FoF” is MFIC's grouping of Domestic FoF schemes by the theme or index in their names, not an AMFI category.
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 32.5% | 8.6% |
| 3Y rolling median | 45.2% | 12.8% |
| 3Y rolling worst | 39.5% | 4.8% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 10.8% |
| 5Y rolling worst | n/a | 4.1% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 37.2% | 14.1% |
| Sharpe ratio | 0.96 | 0.60 |
| Sortino ratio | 2.15 | 0.89 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −45.6% | −19.6% |
| Maximum drawdown, last 10Y | n/a | −23.7% |
| Maximum drawdown, last 5Y | n/a | −15.1% |
| Current drawdown | −40.9% | −8.3% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
This scheme aim to track the market below, so its level, valuation and recent path are the main drivers of returns.
- 1Y +51.3% · 3Y +44.1% p.a. · 5Y n/a p.a. (index fund NAV, after costs)
- −41.6% from its 52-week high (proxy NAV)
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
The Regular plan's expense ratio is 0.65% a year and the Direct plan's 0.28%, a gap of 0.37%; over the last 3 years the Direct plan returned 0.64 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹9,68,463.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
| Fund manager | Role | Managing since |
|---|---|---|
| Abhishek Bisen | 31 Mar 2023 | |
| Jeetu Valechha Sonar | 31 Mar 2023 |
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 0.65% | 0.59% |
| AUM, whole scheme (₹ crore) | 1,009 | 225 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| Measure | Scheme | Benchmark / category |
|---|
Official benchmark: Domestic Prices of physical Silver (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Domestic FoF Regular plans; how it is calculated.
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -4.0% | n/a | – |
| 2025 | 156.1% | n/a | – |
| 2024 | 15.2% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,25,022 | 7.8% |
| 3 years | ₹3,60,000 | ₹7,13,292 | 49.9% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| ICICI Prudential Silver ETF FOF | Domestic FoF | 1.00 | 42.4% |
| Aditya Birla Sun Life Silver ETF FOF | Domestic FoF | 1.00 | 42.3% |
| SBI Silver ETF Fund of Fund | Domestic FoF | 1.00 | n/a |
| Axis Silver Fund of Fund | Domestic FoF | 1.00 | 42.8% |
| HDFC Silver ETF Fund of Fund | Domestic FoF | 0.99 | 42.5% |
| Tata Silver ETF Fund of Fund | Domestic FoF | 0.99 | n/a |
- What is the latest NAV of Kotak Silver ETF Fund of Fund?
- The NAV of the Regular plan (growth option) was ₹28.7078 on 1 Oct 2026, as published by AMFI.
- Which category is Kotak Silver ETF Fund of Fund in?
- It is classified as Domestic FoF in AMFI's daily NAV file. MFIC compares it with 159 Domestic FoF schemes (Regular plans).
- What returns has Kotak Silver ETF Fund of Fund delivered?
- Over one year the NAV changed by 48.9%. The 3-year CAGR is 42.5% (category median 12.3%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 45.2%, the lowest was 39.5%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Kotak Silver ETF Fund of Fund's NAV?
- The largest peak-to-trough fall in its available history was 45.6%.
- How volatile is Kotak Silver ETF Fund of Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 37.2%, which is above the Domestic FoF category median of 14.1%.
- What would a monthly SIP in Kotak Silver ETF Fund of Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹7,13,292 on 1 Oct 2026, an annualised return (XIRR) of 49.9%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Kotak Silver ETF Fund of Fund?
- The total expense ratio of the Regular plan is 0.65% a year, as disclosed to AMFI (median of Domestic FoF Regular plans: 0.59%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Kotak Silver ETF Fund of Fund?
- Assets under management of the whole scheme were ₹1,009 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Kotak Silver ETF Fund of Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- Who manages Kotak Silver ETF Fund of Fund?
- According to its Scheme Summary Document, Kotak Silver ETF Fund of Fund is managed by Abhishek Bisen (since 31 Mar 2023), Jeetu Valechha Sonar (since 31 Mar 2023).
- What is the exit load of Kotak Silver ETF Fund of Fund?
- As stated in its scheme documents: For redemption/switch- out of units on or before 30 days from the date of allotment: 0.5% of applicable NAV. For redemption/switch- out of units after 30 days from the date of allotment: NIL Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Kotak Silver ETF Fund of Fund?
- The minimum application amount is Rs. 1000/-. SIP details: SIP - Rs. 100/- and any amount thereafter, SWP - Rs. 1000 STP - Rs. 1000.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 49.5% and the Regular plan's by 48.9%. The Regular plan includes the services of a distributor.
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