GMP IPO Watch
Zerodha Silver ETF
Direct Plan · Zerodha Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
Want to invest in this fund?
Open a free demat & trading account with Zerodha to invest in direct mutual funds with zero commission.
Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | -4.22% | +1.26% | 224 of 235 |
| 1M | -8.34% | -1.36% | 224 of 235 |
| 3M | -5.51% | -3.10% | 194 of 233 |
| 6M | -16.48% | -1.75% | 224 of 225 |
| YTD | -9.07% | -4.32% | 170 of 235 |
| 1Y | +18.00% | -1.57% | 12 of 198 |
| INCEPTION | +59.06% | — | — |
Ranked among: Exchange Traded Funds (ETFs) - Other ETF.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +20.28% | +156.00% | -37.75% | 66% | 29% |
| 6M | +53.13% | +229.86% | -42.79% | 73% | 40% |
| 1Y | +112.62% | +191.41% | +17.99% | 100% | 77% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt0.00%
- Cash0.22%
- Other99.78%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Silver | Others | 96.95% | +0.17% |
| Net Receivable / Payable | Net Current Assets | 0.22% | — |
Risk Metrics
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.84 | 0.81 | Good Risk Adjusted Returns |
What is this?
Higher the value means that fund has been able to give better returns for the amount of risk taken. It helps investors understand the return of an investment compared to its risk, showing whether the returns are due to intelligent investing or simply taking on excess risk. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns.
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.92 | 1.72 | Good Risk Adjusted Returns |
What is this?
The Sortino Ratio is a financial metric used to measure the risk-adjusted return of an investment. It's a modification of the Sharpe Ratio but with a key difference; it only considers downside risk (the risk of negative returns), rather than total volatility. This means it focuses on how well an investment performs relative to the volatility that leads to losses, ignoring the volatility that results in gains. The idea is that investors are primarily concerned with minimizing losses, and positive volatility is generally seen as a good thing.
Tracking Difference
Versus Domestic Prices of Physical Silver, as of Sep 2026.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| Motilal Oswal Nasdaq Q50 ETF | +41.25% | +32.22% | — | +13.56% |
| Motilal Oswal Nasdaq 100 ETF | +30.82% | +31.55% | +20.63% | +23.52% |
| Tata Silver Exchange Traded Fund | +27.86% | — | — | +46.65% |
| ICICI PRUDENTIAL SILVER ETF | +23.75% | +42.40% | — | +27.74% |
|
SBI Silver ETF
Regular Plan · Growth
|
+23.71% | — | — | +42.55% |
| Kotak Silver ETF | +23.69% | +42.33% | — | +32.70% |
| Edelweiss Silver ETF | +23.58% | — | — | +42.07% |
|
Nippon India Silver ETF
Direct Plan
|
+23.45% | +42.01% | — | +28.76% |
| Motilal Oswal Silver ETF | +23.40% | — | — | +65.22% |
|
HDFC Silver ETF
Growth Option
|
+23.15% | +42.39% | — | +38.69% |
More From Zerodha Asset Management Private Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Zerodha Silver ETF FoF
Direct Plan · Growth Option
|
+25.71% | — | — | +63.10% |
|
Zerodha Gold ETF
Direct Plan
|
+14.50% | — | — | +36.87% |
|
Zerodha Gold ETF FoF
Direct Plan · Growth Option
|
+14.31% | — | — | +39.42% |
|
Zerodha Nifty Smallcap 100 ETF
Direct Plan
|
+6.27% | — | — | +6.47% |
|
Zerodha Overnight Fund
Direct Plan · Growth Option
|
+5.13% | — | — | +5.24% |
|
Zerodha Nifty 1D Rate Liquid ETF
Direct Plan · Growth Option
|
+4.95% | — | — | +5.65% |
|
Zerodha Multi Asset Passive FoF
Direct Plan · Growth Option
|
+1.71% | — | — | +8.41% |
|
Zerodha Nifty 8-13 Yr G-Sec ETF
Direct Plan
|
+0.85% | — | — | +1.72% |
|
Zerodha Nifty Midcap 150 ETF
Direct Plan
|
+0.37% | — | — | +2.93% |
|
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund
Direct Plan · Growth Option
|
-3.25% | — | — | +11.41% |
About This Scheme
Investment Objective
The investment objective of the scheme is to generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved.
Stated Asset Allocation
Silver & Silver related instruments as may be specified by SEBI : 95 to 100% Debt and Money Market Instruments, cash and cash equivalents. - 0 to 5%
Exit Load
Not Applicable
Fund Managers
Kedarnath Mirajkar, Shyam Agarwal
Primary
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.