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 20 Aug 2026, Mirae Asset NYSE FANG + ETF Fund of Fund (Direct plan, Growth option) leads domestic fund of funds on 3-year CAGR at +50.23%, followed by UTI Silver ETF Fund of Fund at +47.54% and Axis Silver Fund of Fund at +47.32%. Across 151 domestic fund of funds the category averaged +21.39% over three years, at an average expense ratio of 0.21%. 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 | ★★★★★ | +28.6% | +50.2% | +32.1% | 0.03% | ₹2,418Cr |
| 2 | UTI Silver ETF Fund of Fund UTI | ★★★★★ | +109.0% | +47.5% | — | 0.13% | ₹620.81Cr |
| 3 | Axis Silver Fund of Fund Axis | ★★★★★ | +108.8% | +47.3% | — | 0.14% | ₹1,209Cr |
| 4 | ICICI Prudential Silver ETF FOF ICICI Prudential | ★★★★☆ | +108.2% | +47.2% | — | 0.20% | ₹6,532Cr |
| 5 | HDFC Silver ETF Fund of Fund HDFC | ★★★★☆ | +109.1% | +47.2% | — | 0.22% | ₹4,593Cr |
| 6 | Kotak Silver ETF Fund of Fund Kotak Mahindra | ★★★★☆ | +109.6% | +47.1% | — | 0.28% | ₹981.83Cr |
| 7 | Nippon India Silver ETF FOF Nippon India | ★★★★☆ | +108.5% | +47.0% | — | 0.22% | ₹4,544Cr |
| 8 | Aditya Birla Sun Life Silver ETF FOF Aditya Birla Sun Life | ★★★☆☆ | +108.3% | +47.0% | — | 0.32% | ₹1,306Cr |
| 9 | Edelweiss Gold and Silver ETF FOF Edelweiss | ★★★★☆ | +85.0% | +43.0% | — | 0.21% | ₹3,034Cr |
| 10 | Motilal Oswal Nasdaq 100 Fund of Fund Motilal Oswal | ★★★★☆ | +62.4% | +40.0% | +24.3% | 0.19% | ₹7,878Cr |
| 11 | Motilal Oswal Gold and Silver Passive Fund of Funds Motilal Oswal | ★★★★☆ | +69.7% | +39.6% | — | 0.18% | ₹2,727Cr |
| 12 | Quantum Gold ETF FOF Quantum | ★★★☆☆ | +58.7% | +37.8% | +26.0% | 0.06% | ₹516.64Cr |
| 13 | UTI Gold ETF Fund of Fund UTI | ★★★★★ | +57.2% | +37.6% | — | 0.09% | ₹614.78Cr |
| 14 | ICICI Prudential Gold ETF FOF ICICI Prudential | ★★☆☆☆ | +57.4% | +37.3% | +25.8% | 0.18% | ₹6,564Cr |
| 15 | Kotak Gold Fund Kotak Mahindra | ★★★☆☆ | +57.3% | +37.3% | +25.6% | 0.14% | ₹6,724Cr |
| 16 | Aditya Birla Sun Life Gold Fund Aditya Birla Sun Life | ★★★☆☆ | +57.0% | +37.3% | +25.7% | 0.21% | ₹1,754Cr |
| 17 | SBI Gold Fund SBI | ★★☆☆☆ | +57.2% | +37.3% | +25.9% | 0.24% | ₹15,752Cr |
| 18 | HDFC Gold ETF Fund of Fund HDFC | ★★☆☆☆ | +56.7% | +37.1% | +25.7% | 0.20% | ₹11,637Cr |
| 19 | Nippon India Gold Savings Fund Nippon India | ★★★☆☆ | +56.8% | +37.1% | +25.6% | 0.05% | ₹7,262Cr |
| 20 | LIC MF Gold ETF Fund of Fund LIC | ★★★★☆ | +55.2% | +36.9% | — | 0.35% | ₹794.28Cr |
NAV data as of 20 Aug 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.
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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 +50.23%. Rankings move with NAVs — past returns don't guarantee future performance.
What returns have domestic fund of funds given?
The category has averaged +27.94% over 1 year, +21.39% annualized over 3 years, +14.53% 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.