mirae asset silver etf fof

Mirae Asset Silver ETF FoF Direct-Growth

Commodities: Silver - Growth (Open ended)

Mirae Asset Silver ETF FoF Direct-GrowthNAV: 10.09 as on 06 Jul, 2026

Risk levelCategoryBenchmark

Factsheet

SEBI Riskometer: Very HighCategory: Commodities: SilverBenchmark: Domestic Price of Silver

NAV: ₹10.09-1.70%

07 Jul 2026

1 Week returns: 1.70 %

Category rank: 7/15

1 Month returns: -11.12 %

Category rank: 7/15

1 Year CAGR: -

Category rank: -

3 Years CAGR: -

Category rank: -

5 Years CAGR: -

Category rank: -

52 week high/low

₹9.62

₹12.62

AUM

22.39

Expense Ratio

0.22

Inception

1774396.00

Max Drawdown

-0.24

Return 1M

-11.12

Return YTD

Return 1Y

Return 3Y

Return 5Y

Alpha

Sharpe

Key Talking Points

Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.

Positive

Not enough talking points with positive stance

Negative

Not enough talking points with negative stance

Neutral

Not enough performance data

Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis

Scheme Overview

The scheme seeks to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Silver ETF.

Scheme Category Overview →

Plan Variants

Mirae Asset Silver ETF FoF Direct-IDCW

Fund Managers

Ritesh Patel

Since: 5 Mar 2026

View details

Education

Mr. Ghosh is a Commerce Graduate and holds a Degree in CS and LLB.

Past Experience

Prior to joining Mirae Asset MF, he was Assistant Company Secretary with JM Financial Asset Management Pvt. Ltd. He has also been associated with organizations like Hindustan Composites Ltd, Tower Capital & Securities Pvt. Ltd and Multi-Arc India Ltd.

Funds managed (8)

1.Mirae Asset Multi Asset Allocation Fund10 Jan 2024 – Present

2.Mirae Asset Nifty Total Market Index Fund12 Mar 2025 – Present

3.Mirae Asset Nifty 50 Index Fund12 Mar 2025 – Present

4.Mirae Asset Nifty LargeMidcap 250 Index Fund12 Mar 2025 – Present

5.Mirae Asset Gold ETF FoF16 Oct 2024 – Present

6.Mirae Asset Multi Factor Passive FoF11 Aug 2025 – Present

7.Mirae Asset Gold Silver Passive FoF11 Aug 2025 – Present

8.Mirae Asset Silver ETF FoF5 Mar 2026 – Present

Akshay Udeshi

Since: 5 Mar 2026

View details

Education

Mr. Udeshi has done B.E (Electronics) and MBA (Finance)

Past Experience

Prior to joining Mirae Asset Mutual Fund, he was assocaited with Reliance Retail Ltd. and L&T Financial Services

Funds managed (9)

1.Mirae Asset NYSE FANG+ ETF FoF12 Mar 2025 – Present

2.Mirae Asset S&P 500 Top 50 ETF FoF12 Mar 2025 – Present

3.Mirae Asset Hang Seng TECH ETF FoF12 Mar 2025 – Present

4.Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF12 Mar 2025 – Present

5.Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF12 Mar 2025 – Present

6.Mirae Asset Nifty 200 Alpha 30 ETF FoF12 Mar 2025 – Present

7.Mirae Asset Gold ETF FoF16 Oct 2024 – Present

8.Mirae Asset Nifty Metal ETF FoF10 Feb 2026 – Present

9.Mirae Asset Silver ETF FoF5 Mar 2026 – Present

Key Scheme Details

Inception

24 Mar 2026

Expense Ratio

0.22%

AUM

₹22.39 Cr

Lock in

No lock in

Taxation

Others

Min. Investment

₹5,000

Min. Addl Investment

Min. SIP Investment

₹99

Exit load

Exit load of 0.05%, if redeemed within 15 days.

AMC Overview

Mirae Asset Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.

AUM Analysis

AUM distribution as on date:

May 31, 2026

Total AUM: ₹ 2,24,850 Cr

Equity

₹ 1,75,459 Cr

Debt

₹ 24,493 Cr

Hybrid

₹ 20,382 Cr

Commodities

₹ 4,516 Cr

	Dec 31, 2021	Jan 31, 2022	Feb 28, 2022	Mar 31, 2022	Apr 30, 2022	May 31, 2022	Jun 30, 2022	Jul 31, 2022	Aug 31, 2022	Sep 30, 2022	Oct 31, 2022	Nov 30, 2022	Dec 31, 2022	Jan 31, 2023	Feb 28, 2023	Mar 31, 2023	Apr 30, 2023	May 31, 2023	Jun 30, 2023	Jul 31, 2023	Aug 31, 2023	Sep 30, 2023	Oct 31, 2023	Nov 30, 2023	Dec 31, 2023	Jan 31, 2024	Feb 29, 2024	Mar 31, 2024	Apr 30, 2024	May 31, 2024	Jun 30, 2024	Jul 31, 2024	Aug 31, 2024	Sep 30, 2024	Oct 31, 2024	Nov 30, 2024	Dec 31, 2024	Jan 31, 2025	Feb 28, 2025	Mar 31, 2025	Apr 30, 2025	May 31, 2025	Jun 30, 2025	Jul 31, 2025	Aug 31, 2025	Sep 30, 2025	Oct 31, 2025	Nov 30, 2025	Dec 31, 2025	Jan 31, 2026	Feb 28, 2026	Mar 31, 2026	Apr 30, 2026	May 31, 2026
equity	86,684 Cr	87,706 Cr	84,883 Cr	89,628 Cr	89,349 Cr	87,792 Cr	85,214 Cr	93,462 Cr	96,492 Cr	94,375 Cr	98,010 Cr	1,01,609 Cr	99,127 Cr	97,837 Cr	97,331 Cr	98,005 Cr	1,02,043 Cr	1,05,686 Cr	1,10,589 Cr	1,14,589 Cr	1,17,050 Cr	1,18,767 Cr	1,15,204 Cr	1,23,337 Cr	1,31,401 Cr	1,33,552 Cr	1,34,553 Cr	1,34,871 Cr	1,38,981 Cr	1,39,416 Cr	1,49,812 Cr	1,56,958 Cr	1,59,287 Cr	1,62,219 Cr	1,53,520 Cr	1,55,873 Cr	1,54,778 Cr	1,49,901 Cr	1,39,659 Cr	1,49,340 Cr	1,54,755 Cr	1,60,533 Cr	1,67,127 Cr	1,65,421 Cr	1,63,677 Cr	1,66,479 Cr	1,74,190 Cr	1,76,620 Cr	1,77,390 Cr	1,72,159 Cr	1,73,793 Cr	1,56,062 Cr	1,73,516 Cr	1,75,459 Cr
hybrid	7,335 Cr	7,432 Cr	7,306 Cr	7,549 Cr	7,577 Cr	7,488 Cr	7,331 Cr	7,836 Cr	8,814 Cr	8,722 Cr	9,003 Cr	9,219 Cr	9,065 Cr	8,963 Cr	8,817 Cr	8,793 Cr	9,084 Cr	9,343 Cr	9,616 Cr	9,965 Cr	9,988 Cr	10,146 Cr	10,118 Cr	10,800 Cr	11,494 Cr	12,931 Cr	13,300 Cr	13,642 Cr	14,413 Cr	14,764 Cr	15,383 Cr	16,168 Cr	16,593 Cr	17,053 Cr	16,688 Cr	17,020 Cr	16,746 Cr	16,507 Cr	15,886 Cr	16,761 Cr	17,032 Cr	17,709 Cr	18,044 Cr	17,838 Cr	17,604 Cr	18,198 Cr	19,075 Cr	19,743 Cr	20,394 Cr	19,975 Cr	20,509 Cr	19,001 Cr	20,152 Cr	20,382 Cr
debt	6,486 Cr	6,990 Cr	6,153 Cr	6,154 Cr	6,366 Cr	6,407 Cr	6,425 Cr	7,342 Cr	8,213 Cr	7,063 Cr	7,834 Cr	10,172 Cr	9,195 Cr	9,368 Cr	9,525 Cr	7,816 Cr	8,665 Cr	10,847 Cr	9,931 Cr	14,077 Cr	14,991 Cr	13,194 Cr	14,877 Cr	17,537 Cr	13,169 Cr	15,881 Cr	17,613 Cr	11,322 Cr	15,235 Cr	17,121 Cr	16,259 Cr	18,198 Cr	19,932 Cr	17,097 Cr	19,893 Cr	24,316 Cr	19,360 Cr	22,533 Cr	21,567 Cr	16,757 Cr	22,335 Cr	24,852 Cr	21,274 Cr	24,926 Cr	25,670 Cr	22,329 Cr	26,721 Cr	32,970 Cr	27,474 Cr	24,272 Cr	25,567 Cr	21,538 Cr	25,921 Cr	24,493 Cr
commodities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14 Cr	15 Cr	15 Cr	16 Cr	28 Cr	28 Cr	30 Cr	29 Cr	37 Cr	44 Cr	46 Cr	49 Cr	213 Cr	212 Cr	280 Cr	309 Cr	304 Cr	377 Cr	442 Cr	480 Cr	550 Cr	546 Cr	546 Cr	617 Cr	722 Cr	828 Cr	854 Cr	864 Cr	908 Cr	970 Cr	1,159 Cr	1,652 Cr	2,102 Cr	2,351 Cr	2,948 Cr	4,607 Cr	4,332 Cr	4,086 Cr	4,175 Cr	4,516 Cr
Total	1,00,505 Cr	1,02,128 Cr	98,341 Cr	1,03,331 Cr	1,03,293 Cr	1,01,687 Cr	98,970 Cr	1,08,641 Cr	1,13,519 Cr	1,10,161 Cr	1,14,847 Cr	1,21,000 Cr	1,17,388 Cr	1,16,168 Cr	1,15,687 Cr	1,14,628 Cr	1,19,806 Cr	1,25,893 Cr	1,30,163 Cr	1,38,660 Cr	1,42,060 Cr	1,42,136 Cr	1,40,236 Cr	1,51,718 Cr	1,56,109 Cr	1,62,413 Cr	1,65,678 Cr	1,60,047 Cr	1,68,909 Cr	1,71,609 Cr	1,81,758 Cr	1,91,701 Cr	1,96,254 Cr	1,96,849 Cr	1,90,652 Cr	1,97,755 Cr	1,91,431 Cr	1,89,558 Cr	1,77,834 Cr	1,83,685 Cr	1,94,976 Cr	2,03,958 Cr	2,07,353 Cr	2,09,155 Cr	2,08,110 Cr	2,08,657 Cr	2,22,088 Cr	2,31,684 Cr	2,28,206 Cr	2,21,014 Cr	2,24,201 Cr	2,00,688 Cr	2,23,763 Cr	2,24,850 Cr

AMC Details

AMC

Mirae Asset Mutual Fund

CEO

Swarup Anand Mohanty(Chief Executive Officer)

CIO

Neelesh Surana(Chief Investment Officer-Equity)

IRO

Girish Dhanani

Trustee

Mirae Asset Trustee Company Private Ltd.

Phone

022-67800301 / 1800-2090-777

Website

http://www.miraeassetmf.co.in

Address

Unit No.606 - 6th Floor,, Windsor Building - Off. CST Road,, Kalina, Santacruz (East),, Mumbai

Frequently Asked Questions

What is the current NAV of Mirae Asset Silver ETF FoF Direct-Growth?

The current NAV (Net Asset Value) of Mirae Asset Silver ETF FoF Direct-Growth is ₹ 10.0860 as of 1783382. NAV is declared at the end of each business day after market close and reflects the per-unit value of the fund after deducting expenses.

What is the AUM of Mirae Asset Silver ETF FoF Direct-Growth?

The Assets Under Management (AUM) of Mirae Asset Silver ETF FoF Direct-Growth is ₹ 22.39 Cr in the Commodities: Silver category. A larger AUM generally reflects higher investor confidence. For mid and small cap funds, very large AUM can sometimes limit agility in portfolio positioning.

What is the expense ratio of Mirae Asset Silver ETF FoF Direct-Growth?

The expense ratio of Mirae Asset Silver ETF FoF Direct-Growth is 0.22%. This annual fee is deducted daily from the NAV — over Mirae Asset Silver ETF FoF Direct-Growth's history, the fund has delivered a since-inception CAGR of 0.86% after expenses. Direct plans always carry a lower expense ratio than Regular plans — the difference in expense ratio directly adds to your NAV growth over time.

Who is the fund manager of Mirae Asset Silver ETF FoF Direct-Growth?

The fund manager details for Mirae Asset Silver ETF FoF Direct-Growth are available in the Scheme Overview section. The fund is managed by Mirae Asset Mutual Fund. Fund manager experience and tenure are important qualitative factors when evaluating a mutual fund.

What is the benchmark of Mirae Asset Silver ETF FoF Direct-Growth?

The benchmark index for Mirae Asset Silver ETF FoF Direct-Growth is Domestic Price of Silver. All performance evaluation of Mirae Asset Silver ETF FoF Direct-Growth is measured relative to Domestic Price of Silver. The fund manager's goal is to generate alpha (returns above the benchmark) while managing downside risk.

When was Mirae Asset Silver ETF FoF Direct-Growth launched?

The launch (inception) date of Mirae Asset Silver ETF FoF Direct-Growth is available in the Scheme Overview section. A longer track record spanning multiple bull and bear market cycles is an important criterion when evaluating a mutual fund.

What is the minimum investment in Mirae Asset Silver ETF FoF Direct-Growth?

The minimum SIP and lumpsum investment details for Mirae Asset Silver ETF FoF Direct-Growth are available in the Scheme Overview section. SIPs let you invest a fixed amount regularly, averaging your purchase cost over time and reducing market timing risk.

What is the exit load on Mirae Asset Silver ETF FoF Direct-Growth?

The exit load on Mirae Asset Silver ETF FoF Direct-Growth is 1.00%. Exit load is charged on redemption to discourage early withdrawal. Always factor in the exit load when comparing the net redemption value.

What category does Mirae Asset Silver ETF FoF Direct-Growth belong to?

Mirae Asset Silver ETF FoF Direct-Growth belongs to the Commodities: Silver category of mutual funds. SEBI has classified mutual funds into well-defined categories to help investors choose based on risk appetite and investment horizon. The maximum historical drawdown of Mirae Asset Silver ETF FoF Direct-Growth has been -0.24%, reflecting its worst peak-to-trough decline.

Is Mirae Asset Silver ETF FoF Direct-Growth a direct or regular plan?

Mirae Asset Silver ETF FoF Direct-Growth is available in both Direct and Regular plan variants. Direct plans always offer a lower expense ratio — the savings from no distributor commission compound meaningfully over a long investment horizon.

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Dec 31, 2021

Jan 31, 2022

Feb 28, 2022

Mar 31, 2022

Apr 30, 2022

May 31, 2022

Jun 30, 2022

Jul 31, 2022

Aug 31, 2022

Sep 30, 2022

Oct 31, 2022

Nov 30, 2022

Dec 31, 2022

Jan 31, 2023

Feb 28, 2023

Mar 31, 2023

Apr 30, 2023

May 31, 2023

Jun 30, 2023

Jul 31, 2023

Aug 31, 2023

Sep 30, 2023

Oct 31, 2023

Nov 30, 2023

Dec 31, 2023

Jan 31, 2024

Feb 29, 2024

Mar 31, 2024

Apr 30, 2024

May 31, 2024

Jun 30, 2024

Jul 31, 2024

Aug 31, 2024

Sep 30, 2024

Oct 31, 2024

Nov 30, 2024

Dec 31, 2024

Jan 31, 2025

Feb 28, 2025

Mar 31, 2025

Apr 30, 2025

May 31, 2025

Jun 30, 2025

Jul 31, 2025

Aug 31, 2025

Sep 30, 2025

Oct 31, 2025

Nov 30, 2025

Dec 31, 2025

Jan 31, 2026

Feb 28, 2026

Mar 31, 2026

Apr 30, 2026

May 31, 2026

equity

86,684 Cr

87,706 Cr

84,883 Cr

89,628 Cr

89,349 Cr

87,792 Cr

85,214 Cr

93,462 Cr

96,492 Cr

94,375 Cr

98,010 Cr

1,01,609 Cr

99,127 Cr

97,837 Cr

97,331 Cr

98,005 Cr

1,02,043 Cr

1,05,686 Cr

1,10,589 Cr

1,14,589 Cr

1,17,050 Cr

1,18,767 Cr

1,15,204 Cr

1,23,337 Cr

1,31,401 Cr

1,33,552 Cr

1,34,553 Cr

1,34,871 Cr

1,38,981 Cr

1,39,416 Cr

1,49,812 Cr

1,56,958 Cr

1,59,287 Cr

1,62,219 Cr

1,53,520 Cr

1,55,873 Cr

1,54,778 Cr

1,49,901 Cr

1,39,659 Cr

1,49,340 Cr

1,54,755 Cr

1,60,533 Cr

1,67,127 Cr

1,65,421 Cr

1,63,677 Cr

1,66,479 Cr

1,74,190 Cr

1,76,620 Cr

1,77,390 Cr

1,72,159 Cr

1,73,793 Cr

1,56,062 Cr

1,73,516 Cr

1,75,459 Cr

hybrid

7,335 Cr

7,432 Cr

7,306 Cr

7,549 Cr

7,577 Cr

7,488 Cr

7,331 Cr

7,836 Cr

8,814 Cr

8,722 Cr

9,003 Cr

9,219 Cr

9,065 Cr

8,963 Cr

8,817 Cr

8,793 Cr

9,084 Cr

9,343 Cr

9,616 Cr

9,965 Cr

9,988 Cr

10,146 Cr

10,118 Cr

10,800 Cr

11,494 Cr

12,931 Cr

13,300 Cr

13,642 Cr

14,413 Cr

14,764 Cr

15,383 Cr

16,168 Cr

16,593 Cr

17,053 Cr

16,688 Cr

17,020 Cr

16,746 Cr

16,507 Cr

15,886 Cr

16,761 Cr

17,032 Cr

17,709 Cr

18,044 Cr

17,838 Cr

17,604 Cr

18,198 Cr

19,075 Cr

19,743 Cr

20,394 Cr

19,975 Cr

20,509 Cr

19,001 Cr

20,152 Cr

20,382 Cr

debt

6,486 Cr

6,990 Cr

6,153 Cr

6,154 Cr

6,366 Cr

6,407 Cr

6,425 Cr

7,342 Cr

8,213 Cr

7,063 Cr

7,834 Cr

10,172 Cr

9,195 Cr

9,368 Cr

9,525 Cr

7,816 Cr

8,665 Cr

10,847 Cr

9,931 Cr

14,077 Cr

14,991 Cr

13,194 Cr

14,877 Cr

17,537 Cr

13,169 Cr

15,881 Cr

17,613 Cr

11,322 Cr

15,235 Cr

17,121 Cr

16,259 Cr

18,198 Cr

19,932 Cr

17,097 Cr

19,893 Cr

24,316 Cr

19,360 Cr

22,533 Cr

21,567 Cr

16,757 Cr

22,335 Cr

24,852 Cr

21,274 Cr

24,926 Cr

25,670 Cr

22,329 Cr

26,721 Cr

32,970 Cr

27,474 Cr

24,272 Cr

25,567 Cr

21,538 Cr

25,921 Cr

24,493 Cr

commodities

14 Cr

15 Cr

16 Cr

28 Cr

30 Cr

29 Cr

37 Cr

44 Cr

46 Cr

49 Cr

213 Cr

212 Cr

280 Cr

309 Cr

304 Cr

377 Cr

442 Cr

480 Cr

550 Cr

546 Cr

617 Cr

722 Cr

828 Cr

854 Cr

864 Cr

908 Cr

970 Cr

1,159 Cr

1,652 Cr

2,102 Cr

2,351 Cr

2,948 Cr

4,607 Cr

4,332 Cr

4,086 Cr

4,175 Cr

4,516 Cr

Total

1,00,505 Cr

1,02,128 Cr

98,341 Cr

1,03,331 Cr

1,03,293 Cr

1,01,687 Cr

98,970 Cr

1,08,641 Cr

1,13,519 Cr

1,10,161 Cr

1,14,847 Cr

1,21,000 Cr

1,17,388 Cr

1,16,168 Cr

1,15,687 Cr

1,14,628 Cr

1,19,806 Cr

1,25,893 Cr

1,30,163 Cr

1,38,660 Cr

1,42,060 Cr

1,42,136 Cr

1,40,236 Cr

1,51,718 Cr

1,56,109 Cr

1,62,413 Cr

1,65,678 Cr

1,60,047 Cr

1,68,909 Cr

1,71,609 Cr

1,81,758 Cr

1,91,701 Cr

1,96,254 Cr

1,96,849 Cr

1,90,652 Cr

1,97,755 Cr

1,91,431 Cr

1,89,558 Cr

1,77,834 Cr

1,83,685 Cr

1,94,976 Cr

2,03,958 Cr

2,07,353 Cr

2,09,155 Cr

2,08,110 Cr

2,08,657 Cr

2,22,088 Cr

2,31,684 Cr

2,28,206 Cr

2,21,014 Cr

2,24,201 Cr

2,00,688 Cr

2,23,763 Cr

2,24,850 Cr

Frequently Asked Questions

What is the current NAV of Mirae Asset Silver ETF FoF Direct-Growth?

What is the AUM of Mirae Asset Silver ETF FoF Direct-Growth?

What is the expense ratio of Mirae Asset Silver ETF FoF Direct-Growth?

Who is the fund manager of Mirae Asset Silver ETF FoF Direct-Growth?

What is the benchmark of Mirae Asset Silver ETF FoF Direct-Growth?

When was Mirae Asset Silver ETF FoF Direct-Growth launched?

What is the minimum investment in Mirae Asset Silver ETF FoF Direct-Growth?

What is the exit load on Mirae Asset Silver ETF FoF Direct-Growth?

What category does Mirae Asset Silver ETF FoF Direct-Growth belong to?

Is Mirae Asset Silver ETF FoF Direct-Growth a direct or regular plan?