Best Domestic Fund of Funds
Domestic funds of funds invest in units of other Indian mutual fund schemes rather than holding securities directly — one NAV over a basket of funds.
Top domestic fund of funds by 3Y returns
20Direct plan, Growth option — ranked by 3-year CAGR. Open a fund for NAV history, rolling returns, risk metrics and peer rank.
As of 06 Oct 2026, Mirae Asset NYSE FANG + ETF Fund of Fund (Direct plan, Growth option) leads domestic fund of funds on 3-year CAGR at +61.47%, followed by Mirae Asset S&P 500 Top 50 ETF Fund of Fund at +49.39% and Axis Silver Fund of Fund at +46.04%. Across 158 domestic fund of funds the category averaged +19.93% over three years, at an average expense ratio of 0.24%. All figures are computed from public AMFI NAV history and recomputed daily; past returns do not predict future ones.
| 1 | Mirae Asset NYSE FANG + ETF Fund of Fund Mirae Asset | ★★★★★ | +52.7% | +61.5% | +38.0% | 0.04% | ₹2,707Cr |
| 2 | Mirae Asset S&P 500 Top 50 ETF Fund of Fund Mirae Asset | ★★★★★ | +55.2% | +49.4% | +31.0% | 0.04% | ₹891.33Cr |
| 3 | Axis Silver Fund of Fund Axis | ★★★★★ | +51.5% | +46.0% | — | 0.14% | ₹1,235Cr |
| 4 | Nippon India Silver ETF FOF Nippon India | ★★★★☆ | +49.8% | +45.7% | — | 0.22% | ₹4,423Cr |
| 5 | Kotak Silver ETF Fund of Fund Kotak Mahindra | ★★★★☆ | +51.5% | +45.5% | — | 0.28% | ₹972.20Cr |
| 6 | HDFC Silver ETF Fund of Fund HDFC | ★★★★☆ | +50.3% | +45.5% | — | 0.21% | ₹4,555Cr |
| 7 | UTI Silver ETF Fund of Fund UTI | ★★★★☆ | +49.7% | +45.2% | — | 0.14% | ₹626.94Cr |
| 8 | ICICI Prudential Silver ETF FOF ICICI Prudential | ★★★★☆ | +50.7% | +45.0% | — | 0.20% | ₹6,311Cr |
| 9 | Aditya Birla Sun Life Silver ETF FOF Aditya Birla Sun Life | ★★★☆☆ | +49.7% | +44.9% | — | 0.32% | ₹1,254Cr |
| 10 | Edelweiss Gold and Silver ETF FOF Edelweiss | ★★★★☆ | +40.6% | +41.3% | — | 0.20% | ₹3,144Cr |
| 11 | Motilal Oswal Nasdaq 100 Fund of Fund Motilal Oswal | ★★★★☆ | +41.2% | +38.9% | +24.5% | 0.19% | ₹8,257Cr |
| 12 | Motilal Oswal Gold and Silver Passive Fund of Funds Motilal Oswal | ★★★★☆ | +31.7% | +38.5% | — | 0.18% | ₹2,789Cr |
| 13 | UTI Gold ETF Fund of Fund UTI | ★★★★★ | +25.5% | +36.6% | — | 0.07% | ₹682.38Cr |
| 14 | Quantum Gold ETF FOF Quantum | ★★★☆☆ | +24.3% | +36.3% | +24.7% | 0.06% | ₹553.22Cr |
| 15 | ICICI Prudential Gold ETF FOF ICICI Prudential | ★★★☆☆ | +25.9% | +36.1% | +24.7% | 0.18% | ₹6,850Cr |
| 16 | Aditya Birla Sun Life Gold Fund Aditya Birla Sun Life | ★★★☆☆ | +24.8% | +36.0% | +24.6% | 0.21% | ₹1,770Cr |
| 17 | Kotak Gold Fund Kotak Mahindra | ★★★☆☆ | +25.5% | +36.0% | +24.4% | 0.15% | ₹6,913Cr |
| 18 | LIC MF Gold ETF Fund of Fund LIC | ★★★★☆ | +22.8% | +35.9% | — | 0.35% | ₹824.57Cr |
| 19 | SBI Gold Fund SBI | ★★☆☆☆ | +25.1% | +35.9% | +24.7% | 0.25% | ₹16,897Cr |
| 20 | Nippon India Gold Savings Fund Nippon India | ★★★☆☆ | +24.9% | +35.9% | +24.5% | 0.06% | ₹7,332Cr |
NAV data as of 06 Oct 2026. Returns are CAGR for periods ≥1 year, computed from AMFI NAV history. Ratings are WealthTicker’s own, ranked within sub-category peers — not a SEBI or agency rating. See our methodology for every formula. This is data, not investment advice.
Popular comparisons
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Understand domestic fund of funds
From the blog
Silver funds: 99% in a year, 37% below the January peak
18 Aug 2026
The median silver fund of funds returned 99.01% in the year to 17 August 2026, yet stood 36.5% below its 29 January high. Sixteen funds compared.
Gold funds returned 54% in the year to April 2026
22 Apr 2026
The median gold fund of funds returned 54.44% in the year to 21 April 2026. Across 17 funds holding the same metal, best and worst were 2.87 points apart.
Frequently asked questions
What are domestic fund of funds?
Domestic funds of funds invest in units of other Indian mutual fund schemes rather than holding securities directly — one NAV over a basket of funds.
Which is the best fund of funds (domestic) fund right now?
Mirae Asset NYSE FANG + ETF Fund of Fund by Mirae Asset currently ranks first among domestic fund of funds by 3-year CAGR at +61.47%. Rankings move with NAVs — past returns don't guarantee future performance.
What returns have domestic fund of funds given?
The category has averaged +12.37% over 1 year, +19.93% annualized over 3 years, +13.13% annualized over 5 years — peer averages over the live funds in the category, computed from AMFI NAV history.
How are domestic fund of funds taxed?
It depends on what the individual scheme holds, not on the category. A scheme holding more than 65% in Indian equity is taxed as equity (20% short-term, 12.5% long-term above ₹1.25 lakh a year); one holding more than 65% in debt is taxed at your slab rate whatever the holding period; anything in between is taxed at slab within 24 months and 12.5% after. Each fund's page states which rule applies to it.