ICICI PRUDENTIAL SILVER ETF
ICICI Prudential Mutual Fund · Silver ETF · exchange-traded fund
NAV (₹), 1 Oct 2026
219.1313
1-day change
0.15%
1Y return
51.3%
3Y CAGR
44.2%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 25 Jan 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 | -7.6% | -7.6% |
| Year to date | -3.8% | -3.7% |
| 1 year | 51.3% | 51.0% |
| 3 years (CAGR) | 44.2% | 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) | 29.4% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 25.6% | 35.5% |
| 3Y rolling median | 39.0% | 45.7% |
| 3Y rolling worst | 9.4% | 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.) | 43.2% | 43.2% |
| Sharpe ratio | 0.86 | 0.86 |
| Sortino ratio | 1.96 | 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 | −44.6% | −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 |
|---|---|---|
| Gaurav Chikane | Primary | 24 Jan 2022 |
| Nishit Patel | Primary | 18 Dec 2024 |
| Ashwini Bharucha | Primary | 1 Nov 2025 |
| Venus Ahuja | Primary | 1 Nov 2025 |
Objective: The Investment Objective of the Scheme is to generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking error. There can be no assurance or guarantee that the investment objective of the plan will be achieved. The Scheme may also participate in Exchange Traded Commodity Derivatives (ETCDs) with silver as underlying.
Stated asset allocation: • Silver and Silver related instruments with Silver as Underlying = 95% - 100% • Debt & Money Market Instruments including units of Debt oriented Mutual Funds = 0% - 5%
Benchmark (tier 1): Domestic Price of Silver
Minimum application: On Stock Exchanges: Investors can buy/sell units of the Scheme in round lot of 1 unit and in multiples thereof. Directly with the Mutual Fund: Investors can buy or sell units of the scheme in creation unit size and its multiples. Furthermore, any application by investors, other than Market Makers, must be for an amount exceeding INR 25 crores. However, the aforementioned threshold of INR 25 crores shall not apply to investors falling under the following categories (until such time as may be specified by SEBI/AMFI): a. Schemes managed by Employee Provident Fund Organisation, India; b. Recognised Provident Funds, approved Gratuity funds and approved superannuation funds under Income Tax Act, 1961. All direct transactions in units of the Scheme by eligible investors with the AMC/the Fund shall be at intra-day NAV based on the actual execution price of the underlying portfolio.
Allotment date: 24 Jan 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 | 0.40% | 0.35% |
| AUM, whole scheme (₹ crore) | 14,341 | 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 |
|---|
Official benchmark: Domestic Prices of physical Silver (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 | 161.7% | n/a | – |
| 2024 | 16.7% | n/a | – |
| 2023 | 2.0% | 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 | ₹1,22,888 | 4.5% |
| 3 years | ₹3,60,000 | ₹7,27,492 | 51.5% |
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
Category: Silver ETF
Plan / option: ETF · Growth
AMFI scheme code: 149464
ISIN: INF109KC1Y56
First NAV in MFIC data: 25 Jan 2022
History: 4.7 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 |
|---|---|---|---|
| Mirae Asset Silver ETF | Silver ETF | 1.00 | 44.0% |
| Edelweiss Silver ETF | Silver ETF | 1.00 | n/a |
| SBI Silver ETF | Silver ETF | 1.00 | n/a |
| Nippon India Silver ETF | Silver ETF | 1.00 | 43.8% |
| Kotak Silver ETF | Silver ETF | 1.00 | 44.1% |
| Axis Silver ETF | Silver ETF | 1.00 | 44.4% |
Questions about ICICI PRUDENTIAL SILVER ETF
- What is the latest NAV of ICICI PRUDENTIAL SILVER ETF?
- The NAV of the ETF was ₹219.1313 on 1 Oct 2026, as published by AMFI.
- Which category is ICICI PRUDENTIAL 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 ICICI PRUDENTIAL SILVER ETF delivered?
- Over one year the NAV changed by 51.3%. The 3-year CAGR is 44.2% (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 39.0%, the lowest was 9.4%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in ICICI PRUDENTIAL SILVER ETF's NAV?
- The largest peak-to-trough fall in its available history was 44.6%.
- How volatile is ICICI PRUDENTIAL SILVER ETF?
- Its annualised standard deviation of monthly returns over the last 36 months is 43.2%, which is equal to the Silver ETF category median of 43.2%.
- What would a monthly SIP in ICICI PRUDENTIAL 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 ₹7,27,492 on 1 Oct 2026, an annualised return (XIRR) of 51.5%. 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 ICICI PRUDENTIAL SILVER ETF?
- The total expense ratio of the ETF is 0.40% 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 ICICI PRUDENTIAL SILVER ETF?
- Assets under management of the whole scheme were ₹14,341 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of ICICI PRUDENTIAL 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 ICICI PRUDENTIAL SILVER ETF?
- According to its Scheme Summary Document, ICICI PRUDENTIAL SILVER ETF is managed by Gaurav Chikane (since 24 Jan 2022), Nishit Patel (since 18 Dec 2024), Ashwini Bharucha (since 1 Nov 2025), Venus Ahuja (since 1 Nov 2025).
- What is the minimum investment in ICICI PRUDENTIAL SILVER ETF?
- The minimum application amount is On Stock Exchanges: Investors can buy/sell units of the Scheme in round lot of 1 unit and in multiples thereof. Directly with the Mutual Fund: Investors can buy or sell units of the scheme in creation unit size and its multiples. Furthermore, any application by investors, other than Market Makers, must be for an amount exceeding INR 25 crores. However, the aforementioned threshold of INR 25 crores shall not apply to investors falling under the following categories (until such time as may be specified by SEBI/AMFI): a. Schemes managed by Employee Provident Fund Organisation, India; b. Recognised Provident Funds, approved Gratuity funds and approved superannuation funds under Income Tax Act, 1961. All direct transactions in units of the Scheme by eligible investors with the AMC/the Fund shall be at intra-day NAV based on the actual execution price of the underlying portfolio..
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
Follow ICICI PRUDENTIAL SILVER ETF by email
Every Monday: this scheme's NAV, 1-month and 1-year return beside its category median, 3-year CAGR and how far it is below its peak. Add more schemes from their pages or from your MFIC watchlist. Free; unsubscribe from any email.
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.