SBI Silver ETF Fund of Fund
FoF Domestic · SBI Funds Management Limited
Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹61,750. Funds like this reward patience and punish panic-selling.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.SBI Silver ETF Fund of Fund is a FoF Domestic fund from SBI Funds Management Limited. It has a track record of about 2.2 years. As of the latest data it carries an RS rating of 97/99 (its recent momentum versus category peers). The current NAV is ₹24.4 (as of 2026-09-16).
Growth of ₹100 - last 2 years
SBI Silver ETF Fund of Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -1.17% | -1.68% |
| 3 months | -8.56% | -0.37% |
| 6 months | -9.35% | 2.56% |
| 1 year | 77.86% | 18.46% |
Its trailing one-year return is 77.86%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.
Year-by-year returns
| Year | SBI Silver ETF Fund of | Benchmark |
|---|---|---|
| 2025 | +158.2% | n/a |
| 2026 | +1.6% | n/a |
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -38.25% | -18.66% |
| Worst drawdown (3Y) | -38.25% | -15.66% |
| Volatility (1Y) | 85.95% | 23.47% |
| Sharpe (3Y) | 0.83 | 0.59 |
| Bull-market return | 150.0% | 31.51% |
| Bear-market return | -59.5% | -5.21% |
Timing matters more than people admit: the best possible 1-year stretch in SBI Silver ETF Fund of Fund (starting 2025-01-28) gained 282.3%, while the worst (starting 2024-07-18) still made 21.9%. The worst peak-to-bottom fall SBI Silver ETF Fund of Fund has ever put investors through is -38.25% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -59.5% annualised, versus 150.0% in rising markets.
How SBI Silver ETF Fund of Fund behaves when markets fall
When the market is falling (the Nifty below its 200-day average), SBI Silver ETF Fund of Fund has historically returned about -59.5% annualised, versus roughly 150.0% when the market is rising. Its deepest fall on record is -38.25%. Right now it sits about 34.12% below its all-time high (last hit 2026-01-28). The real question isn't the average year - it's whether you could hold on through the worst one.
How SBI Silver ETF Fund of Fund ranks in its category
Percentile versus its ~470 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
Rolling-return data isn't available for this fund yet.
Who manages SBI Silver ETF Fund of Fund - and how good are they?
SBI Silver ETF Fund of Fund is managed by Viral Chhadva. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Viral Chhadva's full record
Viral Chhadva currently runs 16 funds, across FoF Domestic, Index Funds, with about ₹35,994 Cr under management. The book's average King Score is 49.5/100. Their strongest fund by King Score is SBI Gold Fund (66/100); SBI Silver ETF Fund of Fund ranks #7 of 16 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | SBI Gold Fund | 83 | 66 | 0.5% | -2.6% | 37.0% | 35.7% | 25.3% | 16.1% | 1.33 | 10.3% | -25.0% |
| 2 | SBI Nifty Midcap 150 Index Fund | 83 | 65 | -0.8% | 10.1% | 4.0% | 13.9% | n/a | n/a | 0.42 | 22.6% | -21.1% |
| 3 | SBI Nifty Next 50 Index Fund | 63 | 59 | -1.5% | 8.7% | 3.8% | 15.7% | 10.7% | n/a | 0.47 | 18.9% | -26.5% |
| 4 | SBI Nifty Smallcap 250 Index Fund | 94 | 52 | 3.5% | 20.1% | 4.2% | 13.2% | n/a | n/a | 0.34 | 19.9% | -26.2% |
| 5 | SBI NIFTY Index Fund | 17 | 30 | -2.2% | -0.9% | -6.8% | 5.7% | 6.7% | 11.1% | -0.05 | 13.0% | -38.4% |
| 6 | SBI BSE Sensex Index Fund | 9 | 25 | -2.0% | -1.6% | -8.6% | 4.0% | n/a | n/a | -0.17 | n/a | -16.1% |
| 7 | SBI Silver ETF Fund of Fund (this page) | 97 | n/a | -8.6% | -9.3% | 77.9% | n/a | n/a | n/a | 0.83 | n/a | -38.2% |
| 8 | SBI BSE PSU Bank Index Fund | 50 | n/a | -3.7% | -3.2% | 16.9% | n/a | n/a | n/a | 0.51 | n/a | -20.5% |
| 9 | SBI Nifty Bank Index Fund | 47 | n/a | -1.2% | 3.2% | 3.2% | n/a | n/a | n/a | 0.15 | n/a | -18.3% |
| 10 | SBI Nifty 500 Index Fund | 39 | n/a | -1.2% | 4.5% | -2.3% | n/a | n/a | n/a | -0.52 | n/a | -16.1% |
| 11 | SBI Nifty50 Equal Weight Index Fund | 34 | n/a | -1.9% | 2.9% | -1.1% | n/a | n/a | n/a | -0.04 | n/a | -18.1% |
| 12 | SBI Nifty India Consumption Index Fund | 33 | n/a | -0.1% | 5.5% | -7.9% | n/a | n/a | n/a | -0.42 | n/a | -18.3% |
| 13 | SBI Nifty200 Quality 30 Index Fund | 29 | n/a | -1.4% | 3.3% | -6.6% | n/a | n/a | n/a | -0.67 | n/a | -15.2% |
| 14 | SBI Nifty100 Low Volatility 30 Index Fund | 28 | n/a | -1.4% | 1.4% | -5.9% | n/a | n/a | n/a | n/a | n/a | -14.2% |
| 15 | SBI Nifty IT Index Fund | 24 | n/a | 3.8% | 1.8% | -18.0% | n/a | n/a | n/a | -0.76 | n/a | -30.6% |
| 16 | SBI Nifty200 Momentum 30 Index Fund | 21 | n/a | -4.4% | 2.6% | -3.6% | n/a | n/a | n/a | n/a | n/a | -15.9% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 0.33% |
| Exit load | ≈1% if redeemed within 1 year (typical) |
| Minimum investment | ₹5000 |
| Fund size (AUM) | ₹4,190 Cr |
| Age | 2.2 years |
| Plan / Option | Direct · Growth |
How SBI Silver ETF Fund of Fund compares to peers
| Fund | RS | King | 3Y CAGR |
|---|---|---|---|
| UTI Gold ETF Fund of Fund | 88 | 82 | 36.0% |
| Motilal Oswal Gold and Silver Passive Fund of Funds(Direct ) | 88 | 78 | 37.9% |
| LIC MF Gold ETF Fund of Fund | 74 | 78 | 35.5% |
| Edelweiss Gold and Silver ETF FOF | 88 | 77 | 40.5% |
| Nippon India Multi - Asset Omni FoF | 63 | 76 | 15.7% |
| Axis Silver Fund of Fund | 94 | 73 | 45.3% |
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
SBI Silver ETF Fund of Fund review: the bottom line
Related
Frequently asked questions
Is SBI Silver ETF Fund of Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, SBI Silver ETF Fund of Fund scores RS 97/99 within its category, and its worst drawdown was -38.25%. Compare those against your needs and the peer table above.
What is the NAV of SBI Silver ETF Fund of Fund today?
The latest NAV is ₹24.4 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the expense ratio of SBI Silver ETF Fund of Fund?
The Direct-plan expense ratio is 0.33% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of SBI Silver ETF Fund of Fund?
SBI Silver ETF Fund of Fund is managed by Viral Chhadva.
Is SBI Silver ETF Fund of Fund safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -38.25% - ₹1 lakh briefly becoming about ₹61,750. As a gold & silver fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is SBI Silver ETF Fund of Fund tax-efficient / what about capital gains?
As a gold & silver fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See SBI Silver ETF Fund of Fund live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
- Interactive price chart with EMAs & RSI
- The RS line plotted against its benchmark
- Full holdings, sector mix & portfolio overlap
- Point-in-time backtester & portfolio doctor
- Compare it side-by-side with any peer
- Screen 1,600+ funds on the same metrics
Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.