Mirae Asset Gold Silver Passive FoF
Mirae Asset Mutual Fund · Best Domestic Fund of Funds
This is the Regular plan of Mirae Asset Gold Silver Passive FoF — bought through a distributor, whose commission is paid out of 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 111 of 147 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. 111 of the 147 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 41.8% vs 17.6% category avg
0.7% expense vs 0.7% 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 (+67.24%) beats the FoF Domestic average (+26.16%)
- Ranks #14 of 147 on 1-year return in its FoF Domestic cohort
- Stronger risk-adjusted returns — Sharpe 1.45 vs 0.66 FoF Domestic average
Concerns
- More volatile than its FoF Domestic peers (41.8% vs 17.6%)
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 | +9.29% | +3.74% | +5.55% |
| 3M abs | -5.33% | +1.20% | -6.53% |
| 6M abs | -1.88% | +2.74% | -4.62% |
| 1Y CAGR | +67.24% | +26.16% | +41.08% |
| 3Y CAGR | — | +20.88% | — |
| 5Y CAGR | — | +13.97% | — |
Category average across peers in FoF Domestic (145 of 147 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 147 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.
11 monthly installments of ₹10,000 into Mirae Asset Gold Silver Passive 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 | +10.83% | |
| 2025part | +50.89% |
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.
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.
- -32.9%29 Jan 2026 → 23 Mar 2026
Still below that high — 2 months down, and no recovery yet.
- -13.6%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.
- -9.0%21 Jan 2026 → 22 Jan 2026
Fell over 1 day, back to the old high on 28 Jan 2026 — 6 days 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.
Mirae Asset 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.
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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.
Frequently asked questions
What is the NAV of Mirae Asset Gold Silver Passive FoF?
As of 20 Aug 2026, the NAV of Mirae Asset Gold Silver Passive FoF is ₹17.24 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Mirae Asset Gold Silver Passive FoF delivered?
Mirae Asset Gold Silver Passive FoF has returned +67.24% over 1 year and +67.24% 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 Mirae Asset Gold Silver Passive FoF?
Mirae Asset Gold Silver Passive FoF charges an expense ratio of 0.69% 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 Mirae Asset Gold Silver Passive FoF?
Its largest holdings are Mirae Asset Gold ETF - Growth (54.0%) and Mirae Asset Silver ETF - Growth (46.1%). Holdings are disclosed monthly and change over time.
How risky is Mirae Asset Gold Silver Passive FoF?
It is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 41.8% and its worst peak-to-trough fall in our sample was -32.9%. 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 1.45 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Mirae Asset Gold Silver Passive FoF's 1.45 means it has rewarded its volatility with excess return. Higher is better.
Who manages Mirae Asset Gold Silver Passive FoF?
Mirae Asset Gold Silver Passive FoF is managed by Ritesh Patel at Mirae Asset.
How is Mirae Asset Gold Silver Passive FoF taxed?
Mirae Asset Gold Silver Passive 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.