ICICI Prudential Silver ETF FOF - Direct Plan - Growth

ICICI Prudential Silver ETF FOF - Direct Plan - Growth ranks among the stronger performers in the Silver category, backed by a 4-star rating. Consistent 3-year performance combined with a strong rating makes this one of the more credible options in its space. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 90/100.

Cost: At 0.2%, the expense ratio is meaningfully cheaper — about 26% below the Silver category average of 0.27% (based on 54 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a strong Sharpe ratio of 1.68 — the fund has generated solid returns relative to the volatility it exposed investors to. Separately, with 60.19% annualised volatility, this is among the more turbulent funds in its space — expect sharp swings in both directions.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Commodities fund.