Skip to content
SmartFigure
Nippon India Mutual Fund

Nippon India Silver ETF FOF

Nippon India Mutual Fund · Direct plan · Growth

3-year returns
45.8%
a year
NAV
₹35.70
▲ 3.43% · 18 Sept 2026
Fund size
₹4,561 Cr
Expense ratio
0.78%
a year
Minimum SIP
₹100

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹35.09 and has returned 45.37% a year over 3 years.

Returns, and where it stands

Against the average fund of funds (domestic), and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year80.3%20%ahead9 of 112
3 years45.8%20.1%ahead9 of 72
Every period, and the Regular plan →
PeriodDirectRegular
1 month1.1%1.1%
3 months-2.6%-2.7%
6 months-5.6%-5.8%
1 year80.3%79.7%
2 yearsp.a.61.3%60.8%
3 yearsp.a.45.8%45.4%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Feb 2022.

Plan

NAV history

▲ 80.26% in the last 1Y

20.338.156.018 Sept 202520 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹2,02,159
XIRR (per year)
55.79%
Value today
₹3,82,159

36 monthly instalments from 22 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
37.4% a year
19.3% more than the category average — the bumpier side
Worst fall so far
−43.5%
Jan 2026 to Mar 2026.
Years that made money
97.9%
Of every one-year stretch it has been through.
Over any three years
9.3% to 72.8%
A year, at worst and at best. Typically 35.2%.

Fund details

Minimum lumpsum
₹100
Minimum top-up
₹100
Lock-in
None
Plan started
2 Feb 2022
Expense ratio
0.78%
as of 31 Jul 2026

Managed by Jitendra Tolani

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

Nippon India Silver ETF FOF against other funds in the Fund of Funds (Domestic) category
Fund1Y3Y5YExpenseFund size
Mirae Asset NYSE FANG + ETF Fund of Fund47.06%56.83%35.52%0.58%₹2,707 Cr
Mirae Asset S&P 500 Top 50 ETF Fund of Fund83.92%55.54%0.56%₹847 Cr
Kotak Silver ETF Fund of Fund82.92%46.35%0.63%₹1,004 Cr
UTI Silver ETF Fund of Fund80.47%46.29%0.13%₹655 Cr
Axis Silver Fund of Fund80.98%46.28%0.09%₹1,281 Cr
ICICI Prudential Silver ETF FOF80.56%46.15%0.54%₹6,514 Cr
Nippon India Silver ETF FOF80.26%45.82%0.78%₹4,561 Cr

About Nippon India Silver ETF FOF

Nippon India Silver ETF FOF is a fund of funds (domestic) managed by Nippon India Mutual Fund. Fund of funds that invest in other Indian mutual funds or ETFs, such as gold or silver ETFs.

The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by Nippon India Silver ETF by investing in units of Nippon India Silver ETF. However, there can be no assurance or guarantee that the investment objective of the Scheme willbe achieved.

The scheme's stated objective, as published by Nippon India Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth Option₹35.6992149760
DirectIDCW Option₹35.6992149762
RegularGrowth Option₹35.0923149759
RegularIDCW Option₹35.0923149761

Frequently asked questions

What is the NAV of Nippon India Silver ETF FOF today?

The NAV of Nippon India Silver ETF FOF (Direct plan, Growth) is ₹35.6992 and the Regular plan NAV is ₹35.0923, as of 18 Sept 2026.

What returns has Nippon India Silver ETF FOF given?

Over the last year the Direct plan returned 80.26%, and 45.82% a year over 3 years. That places it 9 of 72 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of Nippon India Silver ETF FOF?

The Direct plan charges 0.78% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in Nippon India Silver ETF FOF?

You can start a monthly SIP with ₹100, or invest a lump sum of ₹100 or more.

How much has Nippon India Silver ETF FOF fallen in the past?

Its deepest fall was 43.5% from 29 Jan 2026 to 23 Mar 2026. Of every one-year stretch in its history, 98% ended in a gain.

Which category does Nippon India Silver ETF FOF belong to?

It is a Fund of Funds (Domestic) from Nippon India Mutual Fund. Fund of funds that invest in other Indian mutual funds or ETFs, such as gold or silver ETFs.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from Nippon India Silver ETF FOF taxed?

How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.