Kotak Silver ETF Fund of Fund
NAV history
Scorecard
★★★★☆4/5 vs 75 of 150 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 150 FoF Domestic funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +47.08% · ranks 6 of 150 FoF Domestic funds
Volatility 39.9% vs 18.0% category avg
0.3% 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 (+109.64%) beats the FoF Domestic average (+27.22%)
- 3-year return (+47.08%) beats the FoF Domestic average (+21.04%)
- Ranks #3 of 150 on 1-year return in its FoF Domestic cohort
- Stronger risk-adjusted returns — Sharpe 1.02 vs 0.76 FoF Domestic average
- Consistent — positive in 100% of rolling 3-year windows
Concerns
- More volatile than its FoF Domestic peers (39.9% vs 18.0%)
- High expense ratio (0.28%) vs the FoF Domestic average of 0.21%
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 FoF Domestic — 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 (FoF Domestic)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +9.79% | +4.26% | +5.53% |
| 3M abs | -10.75% | +1.24% | -11.99% |
| 6M abs | -4.83% | +2.87% | -7.70% |
| 1Y CAGR | +109.64% | +27.22% | +82.42% |
| 3Y CAGR | +47.08% | +21.04% | +26.04% |
| 5Y CAGR | — | +14.53% | — |
Category average across peers in FoF Domestic (148 of 150 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 150 peers in FoF Domestic
Rolling returns
Return for every possible 1Y holding period, not just today’s
29 overlapping 1Y windows, sampled monthly across the fund’s history.
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.
- -45.6%29 Jan 2026 → 23 Mar 2026
Still below that high — 2 months down, and no recovery yet.
- -20.0%14 Oct 2025 → 28 Oct 2025
Fell over 14 days, back to the old high on 01 Dec 2025 — 34 days under water after the low.
- -16.0%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.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +3.83% | |
| 2025 | +157.30% | |
| 2024 | +15.69% | |
| 2023part | -2.39% |
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.
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 Fund of Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
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.
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 · 22h ago
TPG pares 6.66% stake in Aster DM Quality Care; HDFC MF, Citigroup, Kotak Mahindra AMC among buyers
Moneycontrol.com · 1d ago
TPG pares 6.66% stake in Aster DM Quality Care; HDFC MF, Citigroup, Kotak Mahindra AMC among buyers
Moneycontrol.com · 1d ago
Kotak Mahindra Mutual Fund files offer document for Nifty Realty Index Fund
Investment Guru · 2d ago
Who leads the hybrid fund race?
Cafemutual · 2d 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.
Frequently asked questions
What is the NAV of Kotak Silver ETF Fund of Fund?
As of 20 Aug 2026, the NAV of Kotak Silver ETF Fund of Fund is ₹31.44 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Kotak Silver ETF Fund of Fund delivered?
Kotak Silver ETF Fund of Fund has returned +109.64% over 1 year, +47.08% per year over 3 years and +38.92% 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 Fund of Fund?
Kotak Silver ETF Fund of Fund charges an expense ratio of 0.28% 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 Kotak Silver ETF Fund of Fund?
Its largest holdings are Kotak Silver ETF-Growth (99.2%). Holdings are disclosed monthly and change over time.
How risky is Kotak Silver ETF Fund of Fund?
It is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 39.9% and its worst peak-to-trough fall in our sample was -45.6%. 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 1.02 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Kotak Silver ETF Fund of Fund's 1.02 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of Kotak Silver ETF Fund of Fund?
Kotak Silver ETF Fund of Fund is benchmarked against the Price of silver (based on LBMA daily spot fixing price) Benchmark Rationale –. Its alpha and beta on this page are measured against that index.
Who manages Kotak Silver ETF Fund of Fund?
Kotak Silver ETF Fund of Fund is managed by Abhishek Bisen, Deepak Agrawal, Jeetu Valechha Sonar and Hiten Shah at Kotak Mahindra.
How is Kotak Silver ETF Fund of Fund taxed?
Kotak Silver ETF Fund of Fund 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.