FoFFoF DomesticRegularGrowthHigh

Mirae Asset Silver ETF FOF

Q: What is the NAV of Mirae Asset Silver ETF FOF?

As of 20 Aug 2026, the NAV of Mirae Asset Silver ETF FOF is ₹10.49 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Mirae Asset Silver ETF FOF delivered?

Mirae Asset Silver ETF FOF has returned +1.33% 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.

Q: What is the expense ratio of Mirae Asset Silver ETF FOF?

Mirae Asset Silver ETF FOF charges an expense ratio of 0.80% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Mirae Asset Silver ETF FOF?

Its largest holdings are Mirae Asset Silver ETF - Growth (102.9%). Holdings are disclosed monthly and change over time.

Q: How risky is Mirae Asset Silver ETF FOF?

It is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 36.2% and its worst peak-to-trough fall in our sample was -24.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of Mirae Asset Silver ETF FOF?

Mirae Asset Silver ETF FOF is benchmarked against the Domestic Price of Silver. Its alpha and beta on this page are measured against that index.

Q: Who manages Mirae Asset Silver ETF FOF?

Mirae Asset Silver ETF FOF is managed by Ritesh Patel and Akshay Udeshi at Mirae Asset.

Q: How is Mirae Asset Silver ETF FOF taxed?

Mirae Asset 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.

Mirae Asset Mutual Fund · Best Domestic Fund of Funds

NAV

₹10.49

+4.11% 1D

as of 20 Aug 2026

Compare SIP calculator

NAV history

+1.33%absolute

52-week rangePrev NAV ₹10.07

Latest ₹10.49

Low ₹9.5131st percentile of its 52-week rangeHigh ₹12.60

Scorecard

Not rated

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. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

Not enough FoF Domestic peers to rank yet

RiskHigh

Volatility 36.2% vs 17.7% category avg

CostHigh

0.8% expense vs 0.7% category avg

Consistency—

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

No standout strengths identified.

Concerns

More volatile than its FoF Domestic peers (36.2% vs 17.7%)
High expense ratio (0.80%) vs the FoF Domestic average of 0.67%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

Category 0.67%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category 0.67

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

Exit Load

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Smallest recurring SIP instalment the scheme accepts

Smallest one-time (lumpsum) investment the scheme accepts

Benchmark

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

25 Mar 2026

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

+8.38%

Absolute return over the last 3 months (not annualized)

-10.82%

Absolute return over the last 6 months (not annualized)

—

Absolute return since 1 Jan of this year (not annualized)

+1.33%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the fund's inception

+1.33%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

36.18%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-24.52%

Benchmark 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	+8.38%	+3.72%	+4.66%
3M abs	-10.82%	+1.21%	-12.03%
6M abs	—	+2.67%	—
1Y CAGR	—	+26.53%	—
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.

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.

-24.5%14 May 2026 → 17 Jul 2026
Still below that high — 2 months down, and no recovery yet.
-5.7%16 Apr 2026 → 29 Apr 2026
Fell over 13 days, back to the old high on 07 May 2026 — 8 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.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹40.00K

Current value

₹39.93K

Absolute

-0.16%

XIRR

-1.30%

Value vs. invested

4 monthly installments of ₹10,000 into Mirae Asset Silver ETF FOF, valued at the latest NAV. XIRR annualizes for each installment’s timing.

History points

101

Expense ratio

AUM

Portfolio turnover

Exit load

Taxation

Taxed as non-equity

This 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.

Short-term

30%

Held under 2 years

Added to your income at your slab rate

Long-term (LTCG)

12.5%

Held 2 years or more

No indexation, no ₹1.25 L exemption

Your income-tax slab

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.

Peer comparison · FoF Domestic

Compare all


Mirae Asset Silver ETF FOFThis fund Mirae Asset	—	—	—	—	—	0.80%	₹17.62Cr
Mirae Asset NYSE FANG + ETF Fund of Fund Mirae Asset	★★★★★	+28.09%	+49.65%	+31.55%	—	0.41%	₹2,418Cr
UTI Silver ETF Fund of Fund UTI	★★★★★	+108.30%	+47.02%	—	—	0.46%	₹620.81Cr
HDFC Silver ETF Fund of Fund HDFC	★★★★★	+108.30%	+46.69%	—	—	0.56%	₹4,593Cr
ICICI Prudential Silver ETF FOF ICICI Prudential	★★★★☆	+107.25%	+46.60%	—	—	0.65%	₹6,532Cr
Axis Silver Fund of Fund Axis	★★★★☆	+107.72%	+46.58%	—	—	0.65%	₹1,209Cr

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 Silver ETF FOF?

As of 20 Aug 2026, the NAV of Mirae Asset Silver ETF FOF is ₹10.49 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Mirae Asset Silver ETF FOF delivered?

Mirae Asset Silver ETF FOF has returned +1.33% 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 Silver ETF FOF?

Mirae Asset Silver ETF FOF charges an expense ratio of 0.80% 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 Silver ETF FOF?

Its largest holdings are Mirae Asset Silver ETF - Growth (102.9%). Holdings are disclosed monthly and change over time.

How risky is Mirae Asset Silver ETF FOF?

It is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 36.2% and its worst peak-to-trough fall in our sample was -24.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Mirae Asset Silver ETF FOF?

Mirae Asset Silver ETF FOF is benchmarked against the Domestic Price of Silver. Its alpha and beta on this page are measured against that index.

Who manages Mirae Asset Silver ETF FOF?

Mirae Asset Silver ETF FOF is managed by Ritesh Patel and Akshay Udeshi at Mirae Asset.

How is Mirae Asset Silver ETF FOF taxed?

Mirae Asset 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.