Zerodha CASE Silver ETF
Zerodha CASE Mutual Fund · Silver ETF · exchange-traded fund
NAV (₹), 5 Nov 2026
18.6462
1-day change
5.31%
1Y return
25.7%
3Y CAGR
n/a
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 26 Mar 2025 to 4 Nov 2026
Returns vs Silver ETF median (19 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -16.2% | -15.9% |
| 3 months | -15.1% | -16.2% |
| 6 months | -22.8% | -21.8% |
| Year to date | -19.5% | -18.3% |
| 1 year | 25.7% | 27.5% |
| 3 years (CAGR) | n/a | 36.8% |
| 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) | 45.7% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 103.9% | 34.7% |
| 3Y rolling median | n/a | 45.3% |
| 3Y rolling worst | n/a | 30.2% |
| 3Y periods positive | n/a | 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.) | n/a | 44.8% |
| Sharpe ratio | n/a | 0.61 |
| Sortino ratio | n/a | 1.25 |
| 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 | −53.7% | −53.2% |
| Maximum drawdown, last 10Y | n/a | n/a |
| Maximum drawdown, last 5Y | n/a | n/a |
| Current drawdown | −51.3% | −50.3% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Kedarnath Mirajkar | 20 Mar 2025 | |
| Shyam Agarwal | 20 Mar 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 is no assurance or guarantee that the investment objective of the scheme would be achieved.
Stated asset allocation: Silver & Silver related instruments as may be specified by SEBI : 95 to 100% Debt and Money Market Instruments, cash and cash equivalents. - 0 to 5%
Benchmark (tier 1): Domestic Prices of Physical Silver
Minimum application: In creation unit size of 3,00,000 Units and in multiples of 10 units thereof
Allotment date: 20 Mar 2024
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 | n/a | 0.46% |
| AUM, whole scheme (₹ crore) | 999 | 1,316 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 4 Nov 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 | -19.5% | 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 5 Nov 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹99,984 | -28.9% |
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.
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: 153413
ISIN: INF0R8F01091
First NAV in MFIC data: 26 Mar 2025
History: 1.6 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Changes and data adjustments
- 4 Nov 2026: Name changed: Zerodha Silver ETF → Zerodha CASE Silver ETF
Questions about Zerodha CASE Silver ETF
- What is the latest NAV of Zerodha CASE Silver ETF?
- The NAV of the ETF was ₹18.6462 on 5 Nov 2026, as published by AMFI.
- Which category is Zerodha CASE 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 was the largest fall in Zerodha CASE Silver ETF's NAV?
- The largest peak-to-trough fall in its available history was 53.7%.
- How large is Zerodha CASE Silver ETF?
- Assets under management of the whole scheme were ₹999 crore on 4 Nov 2026, as published by AMFI.
- What is the riskometer level of Zerodha CASE 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 Zerodha CASE Silver ETF?
- According to its Scheme Summary Document, Zerodha CASE Silver ETF is managed by Kedarnath Mirajkar (since 20 Mar 2025), Shyam Agarwal (since 20 Mar 2025).
- What is the minimum investment in Zerodha CASE Silver ETF?
- The minimum application amount is In creation unit size of 3,00,000 Units and in multiples of 10 units thereof.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 5 Nov 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.