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Mirae Asset Silver ETF FOF - Direct Plan - Growth
TopFund Score: 70/100 · Good
How this score is calculated
- Star rating (35%)—
- 3Y CAGR (30%)—
- Expense ratio (20%)0.2%
- AUM (15%)₹28 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Mirae Asset Mutual Fund · Commodities · Silver
₹10.27
AUM: ₹27 Cr
NAV updated 24 days ago
Plan
Direct
Option
Growth
Expense Ratio
0.2%
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
-0.23
Std Dev (1Y)
35.81%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+6.71%
3m
-10.64%
6m
—
1y
—
3y
—
5y
—
10y
—
since inception
-0.72%
TopFund's Take on Mirae Asset Silver ETF FOF - Direct Plan - Growth
Mirae Asset Silver ETF FOF - Direct Plan - Growth holds up reasonably well within the Silver category. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 70/100.
Cost: At 0.2%, the expense ratio is meaningfully cheaper — about 17% below the Silver category average of 0.24% (based on 105 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 negative Sharpe ratio of -0.23 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, with 35.81% 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 FOF - Direct Plan - Growth
The current NAV (Net Asset Value) of Mirae Asset Silver ETF FOF - Direct Plan - Growth is ₹10.27. NAV is updated every business day after market close by AMFI.
Return data is not yet available for this fund.
The expense ratio of Mirae Asset Silver ETF FOF - Direct Plan - Growth is 0.2% per annum. This is the annual fee charged by the fund to manage your investment.
Mirae Asset Silver ETF FOF - Direct Plan - Growth is managed by Ritesh Patel at Mirae Asset Mutual Fund.
Mirae Asset Silver ETF FOF - Direct Plan - Growth is classified as a Silver risk fund. It is suitable for investors with a moderate risk appetite.
Mirae Asset Silver ETF FOF - Direct Plan - Growth is a Silver fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Mirae Asset Silver ETF FOF - Direct Plan - Growth 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 FOF - Direct Plan - Growth 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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