DSP Silver ETF
DSP Mutual Fund · Silver ETF · exchange-traded fund
NAV (₹), 1 Oct 2026
21.1551
1-day change
0.15%
1Y return
51.3%
3Y CAGR
44.0%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 19 Aug 2022 to 1 Oct 2026
Returns vs Silver ETF median (19 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -4.2% | -4.1% |
| 3 months | -1.0% | -1.0% |
| 6 months | -7.7% | -7.6% |
| Year to date | -3.8% | -3.7% |
| 1 year | 51.3% | 51.0% |
| 3 years (CAGR) | 44.0% | 44.1% |
| 5 years (CAGR) | n/a | n/a |
| 7 years (CAGR) | n/a | n/a |
| 10 years (CAGR) | n/a | n/a |
| Since first NAV (CAGR) | 38.1% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 28.2% | 35.5% |
| 3Y rolling median | 45.7% | 45.7% |
| 3Y rolling worst | 24.3% | 30.2% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | n/a |
| 5Y rolling worst | n/a | n/a |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 52.8% | 43.2% |
| Sharpe ratio | 0.70 | 0.86 |
| Sortino ratio | 1.59 | 1.94 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −44.5% | −44.4% |
| Maximum drawdown, last 10Y | n/a | n/a |
| Maximum drawdown, last 5Y | n/a | n/a |
| Current drawdown | −41.6% | −41.5% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Ravi Gehani | Primary | 19 Aug 2022 |
Objective: The scheme seeks to generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking error. There is no assurance that the investment objective of the Scheme will be achieved
Stated asset allocation: 1. Silver and Silver Related Instruments - 95% to 100% 2. Cash and Cash Equivalents - 0% to 5% For detailed asset allocation pattern, please refer to the Scheme Information Document
Benchmark (tier 1): Price of Silver
Minimum application: ₹5,000
Allotment date: 19 Aug 2022
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), ETF | 0.00% | 0.35% |
| AUM, whole scheme (₹ crore) | 1,366 | 1,788 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 54.1% | 28.6% TRI |
Official benchmark: LBMA AM fixing Prices (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Silver ETF ETFs; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -3.8% | n/a | – |
| 2025 | 161.5% | n/a | – |
| 2024 | 16.5% | n/a | – |
| 2023 | 2.7% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,24,522 | 7.1% |
| 3 years | ₹3,60,000 | ₹7,28,209 | 51.6% |
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.
About ETF figures. All figures use the ETF's NAV as published by AMFI. Investors buy and sell ETFs on the stock exchange at the traded price, which can be above or below NAV and adds brokerage and bid-ask costs. Liquidity varies between ETFs.
Scheme facts
AMC: DSP Mutual Fund
Category: Silver ETF
Plan / option: ETF · Growth
AMFI scheme code: 150523
ISIN: INF740KA1ZQ0
First NAV in MFIC data: 19 Aug 2022
History: 4.1 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Tata Silver Exchange Traded Fund | Silver ETF | 0.99 | n/a |
| Kotak Silver ETF | Silver ETF | 0.98 | 44.1% |
| Edelweiss Silver ETF | Silver ETF | 0.98 | n/a |
| Mirae Asset Silver ETF | Silver ETF | 0.98 | 44.0% |
| SBI Silver ETF | Silver ETF | 0.98 | n/a |
| Nippon India Silver ETF | Silver ETF | 0.98 | 43.8% |
Questions about DSP Silver ETF
- What is the latest NAV of DSP Silver ETF?
- The NAV of the ETF was ₹21.1551 on 1 Oct 2026, as published by AMFI.
- Which category is DSP Silver ETF in?
- It is classified as Silver ETF in AMFI's daily NAV file; a Silver ETF scheme is backed by physical silver and trades on the stock exchange. MFIC compares it with 19 Silver ETF schemes (ETFs).
- What returns has DSP Silver ETF delivered?
- Over one year the NAV changed by 51.3%. The 3-year CAGR is 44.0% (category median 44.1%). 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 45.7%, the lowest was 24.3%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in DSP Silver ETF's NAV?
- The largest peak-to-trough fall in its available history was 44.5%.
- How volatile is DSP Silver ETF?
- Its annualised standard deviation of monthly returns over the last 36 months is 52.8%, which is above the Silver ETF category median of 43.2%.
- What would a monthly SIP in DSP Silver ETF 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 ₹7,28,209 on 1 Oct 2026, an annualised return (XIRR) of 51.6%. This uses the ETF 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 DSP Silver ETF?
- The total expense ratio of the ETF is 0.00% a year, as disclosed to AMFI (median of Silver ETF ETFs: 0.35%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is DSP Silver ETF?
- Assets under management of the whole scheme were ₹1,366 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of DSP Silver ETF?
- 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 DSP Silver ETF?
- According to its Scheme Summary Document, DSP Silver ETF is managed by Ravi Gehani (since 19 Aug 2022).
- What is the minimum investment in DSP Silver ETF?
- The minimum application amount is ₹5,000.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use ETFs in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.