SBI Silver ETF Fund of Fund
This is the Direct plan of SBI Silver ETF Fund of Fund — 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
★★★★★5/5 vs 118 of 155 FoF Domestic peers1Y- 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). Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers. 118 of the 155 FoF Domestic funds in this cohort carry the full record the stars need, so they are the ones ranked against.
Not enough FoF Domestic peers to rank yet
Volatility 44.4% vs 17.5% category avg
0.3% expense vs 0.2% category avg
Not enough history for a rolling 3Y view
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- 1-year return (+50.35%) beats the FoF Domestic average (+11.79%)
- Ranks #1 of 118 on 1-year return in its FoF Domestic cohort
Concerns
- Trails the FoF Domestic average on 1M/3M/6M
- More volatile than its FoF Domestic peers (44.4% vs 17.5%)
- High expense ratio (0.32%) vs the FoF Domestic average of 0.23%
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 | -4.00% | -3.20% | -0.80% |
| 3M abs | -1.35% | -0.18% | -1.17% |
| 6M abs | -7.00% | +3.83% | -10.83% |
| 1Y CAGR | +50.35% | +11.79% | +38.56% |
| 3Y CAGR | — | +19.22% | — |
| 5Y CAGR | — | +13.20% | — |
Category average across peers in FoF Domestic (154 of 155 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 155 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.
12 monthly installments of ₹10,000 into SBI Silver ETF Fund of Fund, 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 | -2.88% | |
| 2025 | +158.21% | |
| 2024part | -6.55% |
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- Other100.04%
AMC Profile
SBI Mutual Fund is a joint venture between the State Bank of India and Amundi of France, and was set up in 1987 as the first fund house in India outside UTI. It is the largest by assets, helped by managing a share of the EPFO's ETF investments.
Fund Managers
HSHarsh SethiManaging since 11 Jul 2024
Equity Dealer Fund Manager
20 years
B. Com (Hons.), CA, CS
Harsh Sethi is the Equity Dealer since February 2017. Harsh joined SBIFML in May 2007 as Product Manager and was responsible for product development and management. Prior to joining SBIFML, he was working with J. P. Mangal & Co. as Senior Assistant from March 2005 to March 2007 handling Audit & Taxation. Currently he is managing SBI Nifty IT ETF, SBI Nifty Consumption ETF, SBI Nifty Private Bank ETF, SBI Nifty Midcap 150 Index Fund, SBI Nifty Smallcap 250 Index Fund, SBI Silver ETF Fund of Fund, SBI Nifty India Consumption Index Fund, SBI Nifty Bank Index Fund and
Fund manager, benchmark and dealing terms from 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.
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Frequently asked questions
What is the NAV of SBI Silver ETF Fund of Fund?
As of 01 Oct 2026, the NAV of SBI Silver ETF Fund of Fund is ₹23.31 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has SBI Silver ETF Fund of Fund delivered?
SBI Silver ETF Fund of Fund has returned +50.35% over 1 year and +47.16% 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 SBI Silver ETF Fund of Fund?
SBI Silver ETF Fund of Fund charges an expense ratio of 0.32% 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 SBI Silver ETF Fund of Fund?
SBI Silver ETF Fund of Fund's largest holdings are SBI Silver ETF (100.0%). Holdings are disclosed monthly and change over time.
How risky is SBI Silver ETF Fund of Fund?
SBI Silver ETF Fund of Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 44.4% and its worst peak-to-trough fall in our sample was -45.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of SBI Silver ETF Fund of Fund?
SBI Silver ETF Fund of Fund is benchmarked against the Domestic price of silver (based on LBMA Silver daily spot fixing price). Its alpha and beta on this page are measured against that index.
Who manages SBI Silver ETF Fund of Fund?
SBI Silver ETF Fund of Fund is managed by Harsh Sethi at SBI.
How is SBI Silver ETF Fund of Fund taxed?
SBI 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.