Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Mirae Asset Silver ETF
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 76/100 · Good
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)41.95%
- Expense ratio (20%)0.23%
- AUM (15%)₹28 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Mirae Asset Mutual Fund · Commodities · Silver
₹10.75
AUM: ₹27 Cr
NAV updated 29 days ago
Plan
Direct
Option
Growth
Expense Ratio
0.23%
Exit Load
Exit load of 0.05%, if redeemed within 15 days.
Fund Manager
Ritesh Patel
Inception
Mar 2026
Benchmark
Domestic Price of Silver
Sharpe Ratio
1.06
Std Dev (1Y)
57.0%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+11.59%
3m
-7.46%
6m
-34.34%
1y
+94.74%
3y
+41.95%
5y
—
10y
—
since inception
+39.95%
TopFund's Take on Mirae Asset Silver ETF
Mirae Asset Silver ETF holds up reasonably well within the Silver category, currently carrying a 3-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 76/100.
Cost: At 0.23%, the expense ratio is roughly in line with the Silver category average of 0.24% — cost isn't a standout factor either way for this fund.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a strong Sharpe ratio of 1.06 — the fund has generated solid returns relative to the volatility it exposed investors to. Separately, with 57.0% annualised volatility, this is among the more turbulent funds in the Silver 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.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Mirae Asset Silver ETF
The current NAV (Net Asset Value) of Mirae Asset Silver ETF is ₹10.75. NAV is updated every business day after market close by AMFI.
1Y: 94.74% · 3Y CAGR: 41.95%
The expense ratio of Mirae Asset Silver ETF is 0.23% per annum. This is the annual fee charged by the fund to manage your investment.
Mirae Asset Silver ETF is managed by Ritesh Patel at Mirae Asset Mutual Fund.
Mirae Asset Silver ETF is classified as a Silver risk fund. It is suitable for investors with a moderate risk appetite.
Mirae Asset Silver ETF is a Silver fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Mirae Asset Silver ETF with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Mirae Asset Silver ETF is ₹28 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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