NAV history
Scorecard
★★★★☆4/5 vs 77 of 247 Other ETFs 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 Other ETFs (same plan and option). 77 of the 247 Other ETFs funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +48.15% · ranks 4 of 247 Other ETFs funds
Volatility 36.6% vs 16.3% category avg
0.3% expense vs 0.4% 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 (+111.30%) beats the Other ETFs average (+9.86%)
- 3-year return (+48.15%) beats the Other ETFs average (+13.31%)
- Ranks #4 of 247 on 1-year return in its Other ETFs cohort
- Stronger risk-adjusted returns — Sharpe 1.14 vs 0.31 Other ETFs average
- Low expense ratio (0.35%) vs the Other ETFs average of 0.43%
Concerns
- More volatile than its Other ETFs peers (36.6% vs 16.3%)
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Risk (trailing 3Y)
DefinitionsBenchmark ratios
Not shown for Other ETFs — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.
Fund vs category average (Other ETFs)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +10.20% | +1.57% | +8.63% |
| 3M abs | -11.00% | +3.20% | -14.20% |
| 6M abs | -4.90% | +0.93% | -5.83% |
| 1Y CAGR | +111.30% | +9.86% | +101.44% |
| 3Y CAGR | +48.15% | +13.31% | +34.84% |
| 5Y CAGR | — | +10.13% | — |
Category average across peers in Other ETFs (up to 247 funds with data), 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 247 peers in Other ETFs
Rolling returns
Return for every possible 1Y holding period, not just today’s
33 overlapping 1Y windows, sampled monthly across the fund’s history.
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 Kotak Silver ETF, 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 | +3.47% | |
| 2025 | +161.14% | |
| 2024 | +16.62% | |
| 2023 | +2.95% | |
| 2022part | +3.20% |
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 1 year 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.
Worst falls, and the wait to get back
How far this fund has dropped from a high, and how long it took to reclaim it.
- -44.5%29 Jan 2026 → 23 Mar 2026
Still below that high — 2 months down, and no recovery yet.
- -19.9%14 Oct 2025 → 28 Oct 2025
Fell over 14 days, back to the old high on 03 Dec 2025 — 36 days under water after the low.
- -16.2%29 May 2024 → 08 Aug 2024
Fell over 2 months, back to the old high on 21 Oct 2024 — 2 months under water after the low.
Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.
Fund size over time
Quarterly average AUM · AMFIDown +12% from its peak of ₹4,108Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Kotak Mahindra in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Kotak Mahindra Mutual Fund files offer document for Fixed Maturity Plan Series 336-338
Investment Guru · 1d ago
TPG pares 6.66% stake in Aster DM Quality Care; HDFC MF, Citigroup, Kotak Mahindra AMC among buyers
Moneycontrol.com · 2d ago
TPG pares 6.66% stake in Aster DM Quality Care; HDFC MF, Citigroup, Kotak Mahindra AMC among buyers
Moneycontrol.com · 2d ago
Kotak Mahindra Mutual Fund files offer document for Nifty Realty Index Fund
Investment Guru · 2d ago
Who leads the hybrid fund race?
Cafemutual · 3d ago
Top three unchanged: SBI, ICICI Pru and HDFC MF dominate equity AAUM rankings
Cafemutual · 3d ago
Kotak Multi Asset Omni FoF - Regular Plan
CNBC TV18 · 10d ago
Kotak Multi Asset Omni FoF - Direct Plan
CNBC TV18 · 10d ago
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.
About Index funds & ETFs
Index funds and ETFs simply track a benchmark such as the Nifty 50 rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost.
Frequently asked questions
What is the NAV of Kotak Silver ETF?
As of 20 Aug 2026, the NAV of Kotak Silver ETF is ₹22.90 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Kotak Silver ETF delivered?
Kotak Silver ETF has returned +111.30% over 1 year, +48.15% per year over 3 years and +38.80% 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 Kotak Silver ETF?
Kotak Silver ETF charges an expense ratio of 0.35% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
How risky is Kotak Silver ETF?
It is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 36.6% and its worst peak-to-trough fall in our sample was -44.5%. 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 1.14 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Kotak Silver ETF's 1.14 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of Kotak Silver ETF?
Kotak Silver ETF is benchmarked against the Domestic Prices of physical Silver Benchmark Rationale:. Its alpha and beta on this page are measured against that index.
Who manages Kotak Silver ETF?
Kotak Silver ETF is managed by Abhishek Bisen, Deepak Agrawal and Jeetu Valechha Sonar at Kotak Mahindra.
How is Kotak Silver ETF taxed?
Kotak Silver ETF 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 1 year are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 1 year or less are taxed at your income-tax slab rate.