Kotak Silver ETF FoF Direct - Growth

Q: What are the returns of this mutual fund scheme?

The Kotak Silver ETF FoF Direct - Growth is a 2 yrs 10 m old fund and has delivered average annual returns of 45.72% since inception. Kotak Silver ETF FoF Direct - Growth Returns 1-Year Since Inception 137.85% 45.72%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹30.1254-23.64% 1 day change	45.72% p.a.	App exclusive #NA View Ranked Funds	₹777 Cr

Historical NAV & returns

NAV: ₹30.1254 as on Feb 02, 2026

This fund Category average

Kotak Silver ETF FoF overview

Expense ratio	0.14% as on Feb 01, 2026
Exit load	0.5% Exit load of 0.5%, if redeemed within 30 days.!
AUM (Fund size)	₹777 Cr
Lock-in Period	Nil
Age	2 yrs 10 m since Mar 13, 2023
Benchmark	Domestic Price of Silver
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Risk	Very High
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Kotak Silver ETF FoF Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-3.99%	-12.18%
3 Months	51.4%	2.54%
6 Months	98.76%	24.82%
1 Year	137.85%	50.65%
2 Years	75.69%	39.69%

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Silver ETF FoF	-3.99%	98.76%	137.85%	N.A.	N.A.	N.A.
LIC MF Gold ETF FoF	6.71%	44.38%	72.09%	34.77%	24.02%	16.62%
Aditya Birla Sun Life Gold Fund	7.75%	45.66%	74.5%	34.99%	23.88%	17.22%
SBI Gold Fund	7.25%	45.32%	74.03%	34.85%	23.86%	17.37%
Nippon India Gold Savings Fund	8.23%	46.73%	75.25%	35.05%	23.84%	17.2%
Quantum Gold Savings Fund	6.22%	44.08%	72.6%	34.45%	23.63%	17.02%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak Silver ETF FoF	N.A.	N.A.	N.A.	N.A.
LIC MF Gold ETF FoF	16.7	0.89	1.81	4.56
Aditya Birla Sun Life Gold Fund	17.4	0.95	1.72	4.57
SBI Gold Fund	16.7	0.91	1.74	4.18
Nippon India Gold Savings Fund	17.72	0.97	1.68	4.15
Quantum Gold Savings Fund	16.25	0.88	1.76	4.08

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak Silver ETF FoF	N.A.	777 Cr	2 yrs 10 m	0.14%
LIC MF Gold ETF FoF	N.A.	623 Cr	13 yrs 1 m	0.44%
Aditya Birla Sun Life Gold Fund	N.A.	1,266 Cr	13 yrs 1 m	0.2%
SBI Gold Fund	N.A.	10,775 Cr	13 yrs 1 m	0.24%
Nippon India Gold Savings Fund	N.A.	5,301 Cr	13 yrs 1 m	0.13%
Quantum Gold Savings Fund	N.A.	396 Cr	14 yrs 9 m	0.04%

View all Gold/ Precious Metals funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

About this fund

About Kotak Silver ETF FoF

Kotak Silver ETF FoF Direct - Growth is a Gold/ Precious Metals mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 2 yrs 10 m, having been launched on 13/03/2023. Kotak Silver ETF FoF Direct - Growth has ₹777 Crores worth of assets under management (AUM) as of 31/12/2025. The fund has an expense ratio of 0.14%. The latest Net Asset Value (NAV) of Kotak Silver ETF FoF Direct - Growth as of 02/02/2026 is ₹30.13.

Kotak Silver ETF FoF Direct - Growth returns of last 1-year are 136.47%. Since launch, it has delivered 47.32% average annual returns.

...

Fund AUM	777 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Abhishek Bisen

Mr. Bisen is a BA and MBA in Finance. Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.

Jeetu Valechha Sonar

Mr. Sonar is a Post Graduate Diploma in Management in Finance management Prior to joining Kotak AMC Limited, he has worked as institutional dealer with Kotak Securities Ltd. and is part of Kotak Group since 2014.

Investment objective

The scheme seeks to generate returns by investing in units of Kotak Silver ETF.

Kotak Mahindra Mutual Fund details

No. of schemes	84 view all schemes
Total AUM	5,88,199 Cr as on Dec 31, 2025
Address	The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai, 400051
Phone	022-61152100 / 1800-22-2626

More funds from Kotak Mahindra Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Kotak Gold Fund	N.A.	5,213 Cr	69.54%	22.89%
Kotak Gold Silver Passive FoF	N.A.	582 Cr	N.A.	N.A.

See all Commodities funds from this AMC

Frequently asked questions

What is the current NAV of Kotak Silver ETF FoF Direct - Growth?

The current Net Asset Value (NAV) of the Kotak Silver ETF FoF - Direct Growth plan is approximately ₹30.1254 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Kotak Silver ETF FoF Direct - Growth is a 2 yrs 10 m old fund and has delivered average annual returns of 45.72% since inception.

Kotak Silver ETF FoF Direct - Growth Returns

1-Year	Since Inception
137.85%	45.72%

How much does this mutual fund charge as expense ratio?

The Kotak Silver ETF FoF - Direct Growth has an expense ratio of 0.14%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Kotak Silver ETF FoF currently has assets under management (AUM) or fund size valued at approximately 777 Cr as on Dec 31, 2025.

What is risk level of Kotak Silver ETF FoF?

This is a Gold/ Precious Metals fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Kotak Silver ETF FoF Direct - Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Kotak Silver ETF FoF - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Kotak Silver ETF FoF is complete.

How can I redeem my investments in Kotak Silver ETF FoF?

Redeeming your investments in the Kotak Silver ETF FoF is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Gold/ Precious Metals

#NA

Return Outperformance: This fund has generated highest return amongst Gold/ Precious Metals funds in the last 2 Years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.5%, if redeemed within 30 days.