ICICI Prudential Silver ETF FOF
This is the Direct plan of ICICI Prudential Silver ETF FOF — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
NAV history
Scorecard
★★★★☆4/5 vs 75 of 156 FoF Domestic peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within FoF Domestic (same plan and option). 75 of the 156 FoF Domestic funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +45.04% · ranks 8 of 75 FoF Domestic funds
Volatility 38.5% vs 17.6% category avg
0.2% expense vs 0.2% category avg
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- 1-year return (+50.69%) beats the FoF Domestic average (+11.93%)
- 3-year return (+45.04%) beats the FoF Domestic average (+19.41%)
- Ranks #5 of 118 on 1-year return in its FoF Domestic cohort
- Stronger risk-adjusted returns — Sharpe 1.00 vs 0.71 FoF Domestic average
- Low expense ratio (0.20%) vs the FoF Domestic average of 0.23%
Concerns
- Trails the FoF Domestic average on 1M/3M/6M
- More volatile than its FoF Domestic peers (38.5% vs 17.6%)
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (FoF Domestic)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -4.87% | -3.39% | -1.48% |
| 3M abs | -4.23% | -1.34% | -2.89% |
| 6M abs | -2.03% | +4.94% | -6.97% |
| 1Y CAGR | +50.69% | +11.93% | +38.76% |
| 3Y CAGR | +45.04% | +19.41% | +25.63% |
| 5Y CAGR | — | +13.12% | — |
Category average across peers in FoF Domestic (154 of 156 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 156 peers in FoF Domestic
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
36 monthly installments of ₹10,000 into ICICI Prudential Silver ETF FOF, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | -2.07% | |
| 2025 | +155.53% | |
| 2024 | +15.92% | |
| 2023 | +7.46% | |
| 2022part | +8.71% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as non-equityThis is a non-equity fund — a fund-of-funds, gold/silver, international or balanced-hybrid scheme. It isn't equity-oriented, but since FY 2025-26 it's no longer taxed like a pure-debt fund either: gains held over 2 years get the 12.5% long-term rate; shorter holdings are taxed at your income-tax slab rate.
Added to your income at your slab rate
No indexation, no ₹1.25 L exemption
Sets the short-term (slab-rate) figure above.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Other99.96%
- Cash & Equivalents0.04%
AMC Profile
ICICI Prudential Mutual Fund is a joint venture between ICICI Bank and Prudential plc of the UK, in business since 1993. It is among India's largest houses by assets and runs one of the industry's widest scheme line-ups across equity, debt and hybrid.
Fund Managers
MBManish BanthiaManaging since 01 Feb 2022
Chief Investment Officer - Fixed Income
Chartered Accountant, MBA and B.Com
Mr. Manish Banthia is the Chief Investment Officer for the Fixed Income Investments. He is associated with ICICI Prudential Asset Management Company Limited since October 2005. He has an overall work experience of around 21 years. Past Experience: ~ ICICI Prudential Asset Management Company Limited - Fixed Income Investments - August 2007 to October 2009. ~ ICICI Prudential Asset Management Company Limited - New Product Development - October 2005 to July 2007. ~ Aditya Birla Nuvo Ltd. – June 2005 to October 2005. ~ Aditya Birla Management Corporation Ltd. – May 2004 to May 2005.
- ICICI Prudential 10 year Constant Maturity Gilt Fund
- ICICI Prudential Banking and PSU Debt Fund
- ICICI Prudential Business Cycle Fund
- ICICI Prudential Corporate Bond Fund
- ICICI Prudential Credit Risk Fund
- ICICI Prudential Gilt Fund
- ICICI Prudential Life Cycle Fund 2031
- ICICI Prudential Life Cycle Fund 2036
- ICICI Prudential Life Cycle Fund 2041
- ICICI Prudential Money Market Fund
- ICICI Prudential Money Market Fund
- ICICI Prudential Passive Multi-Asset Fund of Funds
- ICICI Prudential Short Term Fund - Div. Option
- ICICI Prudential All Seasons Bond Fund Retail - Cumulative
- ICICI Prudential Balanced Advantage Fund - Direct Plan - Growth
- ICICI Prudential Balanced Hybrid Fund - Direct Plan - Growth
- ICICI Prudential Bond Fund- Institutional Growth
- ICICI Prudential Constant Maturity Gilt Fund - Direct Plan - Monthly IDCW
- ICICI Prudential Equity Savings Fund - Direct Plan - Cumulative
- ICICI Prudential Long Term Bond Fund-Institutional Option-Growth
- ICICI Prudential Medium Term Bond Fund - Half Yearly IDCW
- ICICI Prudential Multi-Asset Fund- Institutional Growth Option
- ICICI Prudential Savings Fund Retail Growth
- ICICI Prudential Ultra Short term Fund - Direct Plan - Growth
NPNishit PatelManaging since 01 Feb 2022
Fund Manager – Passive Funds
Chartered Analyst (CFA) (Level I), Chartered and B.Com
Mr. Nishit joined ICICI Prudential Asset Management Company Limited in November 2017. He has over 7 years of experience. Past Experience: ~ ICICI Prudential Asset Management Company Limited – ETF Business - November 2017 – January 2020. •
- Bharat 22 ETF
- ICICI Prudential BHARAT 22 FOF
- ICICI Prudential BSE 500 ETF FOF
- ICICI Prudential BSE Insurance ETF
- ICICI Prudential BSE Sensex ETF
- ICICI Prudential BSE Sensex Index Fund
- ICICI Prudential Gold ETF
- ICICI Prudential Gold ETF FOF
- ICICI Prudential Nifty 100 Low Volatility 30 ETF
- ICICI Prudential Nifty 200 Momentum 30 ETF
- ICICI Prudential Nifty 200 Momentum 30 Index Fund
- ICICI Prudential Nifty 200 Quality 30 ETF
- ICICI Prudential Nifty 50 ETF
- ICICI Prudential Nifty 50 Index Fund
- ICICI Prudential Nifty 500 Index Fund
- ICICI Prudential Nifty Alpha Low- Volatility 30 ETF
- ICICI Prudential Nifty Auto ETF
- ICICI Prudential Nifty Auto Index Fund
- ICICI Prudential Nifty Bank Index Fund
- ICICI Prudential Nifty Commodities ETF
- ICICI Prudential Nifty EV & New Age Automotive ETF
- ICICI Prudential Nifty EV & New Age Automotive ETF FOF
- ICICI Prudential Nifty Financial Services Ex-Bank ETF
- ICICI Prudential Nifty FMCG ETF
- ICICI Prudential Nifty Healthcare ETF
- ICICI Prudential Nifty India Consumption ETF
- ICICI Prudential Nifty Infrastructure ETF
- ICICI Prudential Nifty IT ETF
- ICICI Prudential Nifty IT Index Fund
- ICICI Prudential Nifty LargeMidcap 250 Index Fund
- ICICI Prudential Nifty Metal ETF
- ICICI Prudential Nifty Next 50 ETF
- ICICI Prudential Nifty Next 50 Index fund
- ICICI Prudential Nifty Oil & Gas ETF
- ICICI Prudential Nifty Private Bank ETF
- ICICI Prudential Nifty Private Bank Index Fund
- ICICI Prudential Nifty PSU Bank ETF
- ICICI Prudential Nifty Smallcap 250 ETF
- ICICI Prudential Nifty Smallcap 250 Index Fund
- ICICI Prudential Nifty Top 15 Equal Weight ETF
- ICICI Prudential Nifty Top 15 Equal Weight Index Fund
- ICICI Prudential Nifty200 Quality 30 Index Fund
- ICICI Prudential Nifty200 Value 30 ETF
- ICICI Prudential Nifty200 Value 30 Index Fund
- ICICI Prudential Nifty50 Equal Weight Index Fund
- ICICI Prudential Nifty50 Value 20 Index Fund
- ICICI Prudential Passive Multi-Asset Fund of Funds
- ICICI PRUDENTIAL SILVER ETF
- ICICI Prudential BSE 500 ETF
- ICICI Prudential BSE Midcap Select ETF
- ICICI Prudential Nifty 100 ETF
- ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF - Direct Plan - Growth
- ICICI Prudential Nifty Alpha Low - Volatility 30 ETF FOF - Direct Plan - Growth
- ICICI Prudential Nifty Bank ETF
- ICICI Prudential Nifty Midcap 150 ETF
- ICICI Prudential Nifty Midcap 150 Index Fund - Direct Plan - Growth
- ICICI Prudential Nifty Pharma Index Fund - Direct Plan - Growth
- ICICI Prudential Nifty50 Value 20 ETF
VAVenus AhujaManaging since 01 Nov 2025
Dealer – ETF
Over 3 years
Chartered Accountant and B.Com
Ahuja has appointed as the Fund effect from dealer in the Company Asset Company – Investment August 6
- ICICI Prudential BSE Insurance ETF
- ICICI Prudential Gold ETF
- ICICI Prudential Gold ETF FOF
- ICICI Prudential Nifty Pharma Index Fund
- ICICI Prudential Nifty Private Bank Index Fund
- ICICI Prudential Nifty Smallcap 250 ETF
- ICICI Prudential Nifty Top 15 Equal Weight Index Fund
- ICICI Prudential Nifty200 Value 30 ETF
- ICICI Prudential Nifty50 Value 20 Index Fund
- BHARAT 22 ETF - Regular Plan
- ICICI Prudential BSE 500 ETF
- ICICI Prudential BSE Midcap Select ETF
- ICICI Prudential BSE Sensex ETF
- ICICI Prudential Nifty 100 ETF
- ICICI Prudential Nifty 100 Low Volatility 30 ETF
- ICICI Prudential Nifty 200 Momentum 30 ETF
- ICICI Prudential Nifty 200 Quality 30 ETF
- ICICI Prudential Nifty 50 ETF
- ICICI Prudential Nifty Alpha Low- Volatility 30 ETF
- ICICI Prudential Nifty Auto ETF
- ICICI Prudential Nifty Bank ETF
- ICICI Prudential Nifty Commodities ETF
- ICICI Prudential Nifty Financial Services Ex-Bank ETF
- ICICI Prudential Nifty FMCG ETF
- ICICI Prudential Nifty Healthcare ETF
- ICICI Prudential Nifty India Consumption ETF
- ICICI Prudential Nifty Infrastructure ETF
- ICICI Prudential Nifty IT ETF
- ICICI Prudential Nifty Midcap 150 ETF
- ICICI Prudential Nifty Next 50 ETF
- ICICI Prudential Nifty Oil & Gas ETF
- ICICI Prudential Nifty Private Bank ETF
- ICICI Prudential Nifty PSU Bank ETF
- ICICI Prudential Nifty50 Value 20 ETF
- ICICI PRUDENTIAL SILVER ETF
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
From the blog
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Frequently asked questions
What is the NAV of ICICI Prudential Silver ETF FOF?
As of 05 Oct 2026, the NAV of ICICI Prudential Silver ETF FOF is ₹33.92 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has ICICI Prudential Silver ETF FOF delivered?
ICICI Prudential Silver ETF FOF has returned +50.69% over 1 year, +45.04% per year over 3 years and +29.86% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of ICICI Prudential Silver ETF FOF?
ICICI Prudential Silver ETF FOF charges an expense ratio of 0.20% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of ICICI Prudential Silver ETF FOF?
ICICI Prudential Silver ETF FOF's largest holdings are ICICI PRUDENTIAL SILVER ETF (100.0%). Holdings are disclosed monthly and change over time.
How risky is ICICI Prudential Silver ETF FOF?
ICICI Prudential Silver ETF FOF is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 38.5% and its worst peak-to-trough fall in our sample was -45.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 1.00 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Silver ETF FOF's 1.00 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of ICICI Prudential Silver ETF FOF?
ICICI Prudential Silver ETF FOF is benchmarked against the Domestic Prices of Silver. Its alpha and beta on this page are measured against that index.
Who manages ICICI Prudential Silver ETF FOF?
ICICI Prudential Silver ETF FOF is managed by Manish Banthia, Nishit Patel and Venus Ahuja at ICICI Prudential.
How is ICICI Prudential Silver ETF FOF taxed?
ICICI Prudential Silver ETF FOF is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 2 years are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 2 years or less are taxed at your income-tax slab rate.