Silver Mutual Funds

All 15 silver funds, Regular Growth plans, compared on returns, risk and cost. NAV as of 7 Oct 2026.

Category average

+43.5%

3-year return, annualised

Category average

N/A

5-year return, annualised

Category average

38.2%

Volatility, 3 years

Category average

0.63%

Expense ratio

Silver funds compared

Regular plan, Growth option. Returns as of 7 Oct 2026. Click a column heading to sort.

Regular plans pay a distributor commission out of the fund, so their expense ratio is higher and their returns lower than the same fund's Direct plan.

Returns (3Y and 5Y annualised)ConsistencyRiskCost and size
1Nippon India Silver ETF FOF-Regular Plan
+43.5%+44.0%N/A1 of 442.6%N/A0.49%₹4,561 Cr
2Kotak Silver ETF Fund of Fund
+44.8%+43.8%N/A1 of 336.8%N/A0.65%₹1,004 Cr
3ICICI Prudential Silver ETF FOF
+42.8%+43.7%N/A1 of 436.7%N/A0.65%₹6,514 Cr
4Axis Silver Fund of Fund
+44.8%+43.7%N/A2 of 437.1%N/A0.65%₹1,281 Cr
5HDFC Silver ETF Fund of Fund
+43.9%+43.6%N/A1 of 439.3%N/A0.56%₹4,699 Cr
6Aditya Birla Sun Life Silver ETF FOF-Regular Growth
+43.8%+43.0%N/A2 of 437.5%N/A0.65%₹1,295 Cr
7UTI Silver ETF Fund of Fund
+44.3%+42.5%N/A2 of 337.2%N/A0.46%₹655 Cr
8SBI Silver ETF Fund of Fund
+46.2%N/AN/A2 of 2N/AN/A0.65%₹3,924 Cr
9DSP Silver ETF Fund of Fund
+44.1%N/AN/A1 of 1N/AN/A0.99%₹716 Cr
10Groww Silver ETF FOF
+43.7%N/AN/A1 of 1N/AN/A0.52%₹90 Cr
11Tata Silver ETF Fund of Fund Regular Plan Growth Option
+41.4%N/AN/A1 of 2N/AN/A0.58%₹1,094 Cr
12Angel One Silver ETF FOF
N/AN/AN/AN/AN/AN/A0.70%₹12 Cr
13Bandhan Silver ETF FOF-Regular-Growth
N/AN/AN/AN/AN/AN/A0.59%₹160 Cr
14Edelweiss Silver ETF Fund of Fund
N/AN/AN/A0 of 1N/AN/A0.56%₹107 Cr
15Mirae Asset Silver ETF FOF
N/AN/AN/AN/AN/AN/A0.80%₹33 Cr

Ordered by 5-year annualised return, highest first; funds younger than 5 years follow by 3-year, then 1-year return. Click a heading to sort by another figure. Top half, by year shows the fund's quartile in the category each calendar year from 2017 to 2026(green top quarter, grey second, amber third, red bottom; an outline means too young to rank) and how many of those years it finished in the top half. Returns over 3 years and longer are compounded annual returns. Volatility is the annualised standard deviation of monthly returns. Worst fall is the largest drop from a peak in the last 5 years. N/A means the fund is too young for that period.

What a silver fund is

Silver funds invest in silver, mostly through silver ETFs, so their value follows the price of silver in rupees.

Source: SEBI categorisation of mutual fund schemes, 6 October 2017, as amended.

Investing from the UAE

NRIs living in the UAE can generally invest once KYC is complete, paying from an NRE or NRO bank account. Some fund houses do not accept residents of the United States or Canada, or accept them only offline. The UAE does not levy personal income tax, and the India UAE tax treaty may affect how gains are treated, so confirm your own position with a tax adviser.

Questions

How are these silver funds ordered?

By 5-year annualised return, highest first. Funds younger than 5 years follow, ordered by 3-year return and then 1-year return. Every figure is worked out from each fund's own Direct Growth NAV, the same way for every fund. We do not label any fund as the best.

Can NRIs living in the UAE invest in silver funds?

Generally yes, once KYC is complete, paying from an NRE or NRO bank account. Some fund houses do not accept investments from residents of the United States or Canada, or accept them only offline, so check the fund house's current policy if that applies to you.

How are gains taxed for NRIs?

It depends on the fund's share of equity and on when your units were bought. For NRIs the fund house deducts tax when you redeem. The outcome depends on your tax residence and facts, so confirm your position with a tax adviser.

Fund data comes from RuDo Wealth fund analytics; every return, volatility and worst fall is computed from the fund's ownRegular Growth NAV. Method reviewed by Alok Kumar, Chief Executive Officer, RuDo Digital Wealth, October 2026.

RuDo Wealth is a fee-only cross-border advisory operating through two separate companies. India: RuDo Wealth Investment Advisory, SEBI Registered Investment Adviser, registration INA000019503. UAE: RuDo Digital Wealth, FSRA Financial Services Permission 220155, Category 3C (Retail), ADGM. The entity permitted to serve you depends on your country of residence.

This page is general information, not a recommendation to buy or sell any fund. Past performance does not indicate future returns.

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