What are the top performing Silver funds?

Based on 1-year returns, the top performing Silver funds are SBI Silver ETF FoF - Direct Plan with 165.27% return, Kotak Silver ETF FoF - Direct Plan with 161.47% return, and Axis Silver FoF - Direct Plan with 160.89% return. The category average 1-year return is 159.74%.

Which Silver funds have given the best returns over 3 years?

Over a 3-year period, the best performing Silver funds are SBI Silver ETF FoF - Direct Plan with a 52.07% CAGR, Kotak Silver ETF FoF - Direct Plan with 51.96% CAGR, and Axis Silver FoF - Direct Plan with 51.96% CAGR. The category average 3-year return stands at 51.89% CAGR.

Which Silver funds have given the best returns over 5 years?

Over a 5-year period, the top Silver funds are SBI Silver ETF FoF - Direct Plan with a 0.00% CAGR, Kotak Silver ETF FoF - Direct Plan with 0.00% CAGR, and Axis Silver FoF - Direct Plan with 0.00% CAGR. The category average 5-year return is 0.00% CAGR.

Which are the best Silver funds for SIP investment?

Based on average 5-year rolling returns, the best Silver funds for SIP are -- with 5-year average rolling return of 0.00%, -- with 0.00%, and -- with 0.00%. You can start a SIP in Silver funds with as little as ₹99 per month.

What are the largest Silver mutual funds by assets?

The largest Silver funds by Assets Under Management (AUM) are ICICI Prudential Silver ETF FoF - Direct Plan with ₹ 6,276.93 crore, HDFC Silver ETF FoF - Direct Plan with ₹ 4,433.98 crore, and Nippon India Silver ETF FoF - Direct Plan with ₹ 4,380.30 crore. Together, there are 16 Silver funds available in India.

What is the minimum amount to invest in Silver funds?

You can start investing in Silver funds with a minimum SIP of ₹99 per month or a minimum lumpsum of ₹100. The minimum investment varies across fund houses — some funds allow even lower entry points.

How are Silver fund returns taxed?

All gains from Silver funds — regardless of holding period — are added to your income and taxed at your applicable income tax slab rate.

Which Silver funds have the lowest expense ratio?

Among Silver funds, Axis Silver FoF - Direct Plan has the lowest expense ratio at 0.08% (Direct Plan), followed by Mirae Asset Silver ETF FoF - Direct Plan at 0.10%. Lower expense ratios directly improve your net returns over the long term.

How many Silver mutual funds are available in India?

There are currently 16 Silver mutual funds available in India across different fund houses. You can compare all 16 funds on Sharpely based on returns, risk, AUM, and expense ratio to find the one that suits your investment goals.

Do Silver funds give better returns than buying physical silver?

Silver funds have delivered 159.74% in the last 1 year and 51.89% CAGR over 3 years — closely tracking silver prices. Unlike physical silver, these funds have no storage cost, no purity risk, and can be bought or sold in minutes. The top performing fund in this category is SBI Silver ETF FoF - Direct Plan with 165.27% return over 1 year.

mutual funds category

Silver

Silver Funds

Commodity mutual funds invest in various commodities like precious metals, grains, etc. So, silver commodity funds invest in silver.

Total Schemes

No. of schemes

Total AUM

₹ 0.25Lakh Cr

As on latest

Category Return (5Y)

CAGR

Benchmark Data

This category currently has no benchmark assigned.

Category Returns (%)

Period	1M	6M	1Y	3Y CAGR	5Y CAGR	10Y CAGR	YTD
Silver	9.60 %	49.74 %	159.74 %	51.89 %	-	-	15.49 %
Benchmark Not Available No benchmark assigned	-	-	-	-	-	-	-

Top Silver Funds (by AUM)

Fund Name	AUM (₹ Cr)	1Y Return	3Y CAGR	5Y CAGR	Expense Ratio
ICICI Prudential Silver ETF FoF - Direct PlanNAV: ₹39.95	6,276.93 Cr	159.78%	51.96%	-	0.21%
HDFC Silver ETF FoF - Direct PlanNAV: ₹43.13	4,433.98 Cr	160.55%	51.89%	-	0.21%
Nippon India Silver ETF FoF - Direct PlanNAV: ₹39.78	4,380.30 Cr	160.26%	51.65%	-	0.22%
SBI Silver ETF FoF - Direct PlanNAV: ₹27.85	3,849.97 Cr	165.27%	-	-	0.33%
Aditya Birla Sun Life Silver ETF FoF - Direct PlanNAV: ₹40.54	1,263.89 Cr	160.32%	51.79%	-	0.32%
Axis Silver FoF - Direct PlanNAV: ₹44.62	1,160.50 Cr	160.89%	51.89%	-	0.08%
Tata Silver ETF FoF - Direct PlanNAV: ₹34.20	1,066.41 Cr	155.12%	-	-	0.21%
Kotak Silver ETF FoF - Direct PlanNAV: ₹34.82	944.90 Cr	161.47%	51.96%	-	0.24%
DSP Silver ETF FoF - Direct PlanNAV: ₹27.14	712.87 Cr	160.61%	-	-	0.58%
UTI Silver ETF FoF - Direct PlanNAV: ₹33.38	596.59 Cr	160.53%	52.07%	-	0.15%
Zerodha Silver ETF FoF - Direct PlanNAV: ₹23.83	220.69 Cr	-	-	-	0.27%
Bandhan Silver ETF FoF - Direct PlanNAV: ₹8.51	151.01 Cr	-	-	-	0.11%
Edelweiss Silver ETF FoF - Direct PlanNAV: ₹11.35	113.08 Cr	-	-	-	0.14%
Groww Silver ETF FoF - Direct PlanNAV: ₹25.30	86.50 Cr	152.28%	-	-	0.18%
Mirae Asset Silver ETF FoF - Direct PlanNAV: ₹11.63	10.45 Cr	-	-	-	0.10%

About Silver Funds

What is it?

Commodity mutual funds invest in various commodities like precious metals, grains, etc. So, silver commodity funds invest in silver.

Objective

The objective of these funds is to generate decent returns by investing in silver.

Suitability and opinion

These funds are suitable for investors with a moderate risk appetite. These funds can be a good option for investors bullish on silver or for investors looking to diversify their portfolio by investing in commodities. We are not very bullish on silver and other commodities as the preferred assets for long-term investments. But if investors still want to invest in silver, then we feel that a silver ETF can be a good option. In India, there are no mutual funds options for silver as only ETFs are available for this category. We believe that conservative investors can diversify a small part of their portfolios into commodities like gold and silver. At the same time, asset allocation in commodities should be limited to a maximum of 20% of the portfolio.

Silver vs Other Categories

5Y CAGR Return Comparison

No comparison data available.

Key Insights

Not enough valid category return data is available.

Meaningful comparison insights cannot be generated right now.

Please check back later when more historical data becomes available.

Let's have a closer look

Now let us jump and check about these top 15 mutual fund schemes.

ICICI Prudential Silver ETF FoF - Direct Plan

Fund Performance: ICICI Prudential Silver ETF FoF - Direct Plan has given 51.96% annualized returns in the past three years. The ICICI Prudential Silver ETF FoF - Direct Plan comes under the Commodities category of ICICI Prudential Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Silver ETF FoF - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 6,276.93Cr

1Y Returns

159.78%

Expense Ratio

0.21%

HDFC Silver ETF FoF - Direct Plan

Fund Performance: HDFC Silver ETF FoF - Direct Plan has given 51.89% annualized returns in the past three years. The HDFC Silver ETF FoF - Direct Plan comes under the Commodities category of HDFC Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in HDFC Silver ETF FoF - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 4,433.98Cr

1Y Returns

160.55%

Expense Ratio

0.21%

Nippon India Silver ETF FoF - Direct Plan

Fund Performance: Nippon India Silver ETF FoF - Direct Plan has given 51.65% annualized returns in the past three years. The Nippon India Silver ETF FoF - Direct Plan comes under the Commodities category of Nippon India Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Silver ETF FoF - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 4,380.30Cr

1Y Returns

160.26%

Expense Ratio

0.22%

SBI Silver ETF FoF - Direct Plan

Fund Performance: The SBI Silver ETF FoF - Direct Plan comes under the Commodities category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Silver ETF FoF - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 3,849.97Cr

1Y Returns

165.27%

Expense Ratio

0.33%

Aditya Birla Sun Life Silver ETF FoF - Direct Plan

Fund Performance: Aditya Birla Sun Life Silver ETF FoF - Direct Plan has given 51.79% annualized returns in the past three years. The Aditya Birla Sun Life Silver ETF FoF - Direct Plan comes under the Commodities category of Aditya Birla Sun Life Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life Silver ETF FoF - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 1,263.89Cr

1Y Returns

160.32%

Expense Ratio

0.32%

Axis Silver FoF - Direct Plan

Fund Performance: Axis Silver FoF - Direct Plan has given 51.89% annualized returns in the past three years. The Axis Silver FoF - Direct Plan comes under the Commodities category of Axis Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Axis Silver FoF - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 1,160.50Cr

1Y Returns

160.89%

Expense Ratio

0.08%

Tata Silver ETF FoF - Direct Plan

Fund Performance: The Tata Silver ETF FoF - Direct Plan comes under the Commodities category of Tata Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Tata Silver ETF FoF - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 150.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 1,066.41Cr

1Y Returns

155.12%

Expense Ratio

0.21%

Kotak Silver ETF FoF - Direct Plan

Fund Performance: Kotak Silver ETF FoF - Direct Plan has given 51.96% annualized returns in the past three years. The Kotak Silver ETF FoF - Direct Plan comes under the Commodities category of Kotak Mahindra Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Kotak Silver ETF FoF - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 944.90Cr

1Y Returns

161.47%

Expense Ratio

0.24%

DSP Silver ETF FoF - Direct Plan

Fund Performance: The DSP Silver ETF FoF - Direct Plan comes under the Commodities category of DSP Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in DSP Silver ETF FoF - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 712.87Cr

1Y Returns

160.61%

Expense Ratio

0.58%

UTI Silver ETF FoF - Direct Plan

Fund Performance: UTI Silver ETF FoF - Direct Plan has given 52.07% annualized returns in the past three years. The UTI Silver ETF FoF - Direct Plan comes under the Commodities category of UTI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in UTI Silver ETF FoF - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 100.00

AUM

₹ 596.59Cr

1Y Returns

160.53%

Expense Ratio

0.15%

Zerodha Silver ETF FoF - Direct Plan

Fund Performance: The Zerodha Silver ETF FoF - Direct Plan comes under the Commodities category of Zerodha Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Zerodha Silver ETF FoF - Direct Plan via lump sum is ₹ 500.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 500.00

AUM

₹ 220.69Cr

1Y Returns

Expense Ratio

0.27%

Bandhan Silver ETF FoF - Direct Plan

Fund Performance: The Bandhan Silver ETF FoF - Direct Plan comes under the Commodities category of Bandhan Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Bandhan Silver ETF FoF - Direct Plan via lump sum is ₹ 1,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 151.01Cr

1Y Returns

Expense Ratio

0.11%

Edelweiss Silver ETF FoF - Direct Plan

Fund Performance: The Edelweiss Silver ETF FoF - Direct Plan comes under the Commodities category of Edelweiss Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Edelweiss Silver ETF FoF - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 113.08Cr

1Y Returns

Expense Ratio

0.14%

Groww Silver ETF FoF - Direct Plan

Fund Performance: The Groww Silver ETF FoF - Direct Plan comes under the Commodities category of Groww Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Groww Silver ETF FoF - Direct Plan via lump sum is ₹ 500.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 500.00

AUM

₹ 86.50Cr

1Y Returns

152.28%

Expense Ratio

0.18%

Mirae Asset Silver ETF FoF - Direct Plan

Fund Performance: The Mirae Asset Silver ETF FoF - Direct Plan comes under the Commodities category of Mirae Asset Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Mirae Asset Silver ETF FoF - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 99.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 10.45Cr

1Y Returns

Expense Ratio

0.10%