Tata Silver ETF Fund of Fund Regular IDCW NAV today
AMFI: 152292ISIN: INF277KA1927MUTF_IN: TATA_SILV_ETF_RSGJLITata Mutual FundFund of Funds
NAV ₹24.9056
NAV for 23 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹1,056 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 0.58%14 Oct 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 130 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 19 Jan 2024
Tata Silver ETF Fund of Fund returns
Read from the regular plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|
| 1 week | −8.11% | – | – | – |
| 1 month | −16.46% | 6 of 13 | −16.48% | −16.7% to −16.3% |
| 3 months | −12.92% | 7 of 13 | −12.92% | −13.1% to −12.8% |
| 6 months | −20.07% | 6 of 13 | −20.08% | −20.2% to −19.7% |
| 1 year | +28.10% | 8 of 10 | +29.98% | +28.4% to +31.4% |
| 3 years | Needs 3 years | – | +36.32% | +36.2% to +36.5% |
₹10,000 put in on 24 Jan 2024 is ₹25,234 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Rank, median and middle half among the Regular plans of funds tracking Domestic Price of Physical Silver, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). |
|---|---|
| 1 year | +49.68% |
| Since launch | +47.20% |
As the fund house states them for the month.
Return in each calendar year
- Fund, Regular GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
Tata Silver ETF Fund of Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,05,692₹1,05,686 after stamp duty | −22.18% | −22.19% | ₹6 | |
| Since Jan 202433 instalments | ₹3,30,000 | ₹5,24,670₹5,24,644 after stamp duty | +36.52% | +36.52% | ₹17 |
3 years: Launched 19 Jan 2024, needs 3 years of history.
From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 24 Jan 2024 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year431 windows+2.0%+77.5%+276.7%100.0%
3 yearsLaunched 19 Jan 2024, needs 4 years of history
Every 1-year window ended higher than it started.From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Tata Silver ETF Fund of Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 0.36 ptsA year, on 14 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.22%Over the last 29 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.58%Over the last 29 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 0.25%, Feb 2026.Direct plan lowest 0.07%, Sep 2024.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.18% | 0.51% |
| Brokerage | None | None |
| Transaction costs | None | None |
| Statutory levies | 0.04% | 0.07% |
Per cent of assets a year, filed for 22 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
Redemption / Switch out / SWP / STP on or before expiry of 7 days from the date of allotment: 0.5%
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹5,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹500
- SIP
- Accepted
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
- SIP minimum
- 150.00/1,000.00/1,000.00/1,500.00/150.00/150.00
- SIP instalments, at least
- 12 Instalments/6 instalments/6 instalments/4 instalments/12 instalments/12 instalments
- SIP dates
- Any day/Any day/Any day/Any day/Monday-Friday/All Business Days
As listed for this plan on 24 Oct 2026.
Tata Silver ETF Fund of Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹1,068 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 48.4%Of the quarter's average
- Less the house's funds of fundsAverage assets, excluding the house's funds of funds. The quarter's average assets less the money the same fund house's funds of funds hold in this fund, so that money is not counted twice.
- ₹0.00 CrQuarter to Sep 2026
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹1,099 Cr, quarter to Jun 2026.
Assets at each month end
Highest ₹1,385 Cr, Jan 2026.Lowest ₹82 Cr, Jan 2025.
Tata Silver ETF Fund of Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | |||
|---|---|---|---|---|
| Tata Silver Exchange Traded FundCAPITAL MARKETS | 99.96% | 1,055.30 | 49,54,45,374 | Jan 2024or earlier |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| CASH / NET CURRENT ASSET | 0.04% | 0.45 |
| MARGIN MONEY DEPOSITS TOTAL | 0.00% | 0.00 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Units of other funds99.96%
- Cash and receivables0.04%
Per cent of the fund's net assets.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 0
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 0
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 1
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 0
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 0
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 0.00%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 0.04%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| Tata Silver Exchange Traded Fund | Added | 99.96% | 99.92% | +0.04 pts | +1,20,78,241 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tata Silver Exchange Traded Fund | 98.37%Added | 99.74%Added | 99.58%Added | 99.60%Added | 99.84%Cut | 99.95%Added | 99.90%Added | 99.93%Cut | 99.89%Added | 99.92%Added | 99.92%Added | 99.96%Added |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 40.0% in Oct 2025
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Regular plans of funds tracking Domestic Price of Physical Silver (10 funds) over the same 1 year; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.62.02%
55.38%Lowest58.13%Average62.02%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.27.68%
24.27%Lowest25.73%Average27.68%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.0.83
0.83Lowest0.88Average0.92Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.1.81
1.81Lowest1.92Average2.02Highest
From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 year and since Jan 2024 | −46.26% | 29 Jan 2026 | 23 Oct 2026 | Not yet |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Jan 2024 to Aug 202632 months | Very High | Very HighDomestic Prices of physical Silver |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Tata Silver ETF Fund of Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Tapan PatelPrimary | Jan 2024 | +44.80%a year | – | – | – | – | 5 | ₹18,893 Cr |
| Nitin SharmaAssistant Fund Manager | Mar 2026 | −19.18%over 221 days | – | – | 0.0% | 0.0% | 25 | ₹20,718 Cr |
| Rakesh PrajapatiAssistant Fund Manager | Mar 2026 | −19.18%over 221 days | – | – | 0.0% | 0.0% | 23 | ₹9,414 Cr |
Returns are the regular plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| Tata Gold Exchange Traded FundTapan Patel | Jan 2024 | +35.14%a year | – | – | ₹6,138 Cr |
| Tata Silver Exchange Traded FundTapan Patel | Jan 2024 | +46.61%a year | – | – | ₹5,166 Cr |
| Tata Multi Asset Allocation FundTapan Patel | Aug 2023 | +10.52%a year | – | – | ₹5,000 Cr |
| Tata Gold ETF Fund of FundTapan Patel | Jan 2024 | +33.29%a year | – | – | ₹1,534 Cr |
| Tata Gold Exchange Traded FundNitin Sharma | Jul 2025 | +35.70%a year | – | – | ₹6,138 Cr |
| Tata Silver Exchange Traded FundNitin Sharma | Jul 2025 | +65.92%a year | – | – | ₹5,166 Cr |
| Tata Nifty 50 Index FundNitin Sharma | Jul 2025 | −6.81%a year | −6.28% | −0.53 pts | ₹1,627 Cr |
| Tata Gold ETF Fund of FundNitin Sharma | Mar 2026 | −8.60%over 221 days | – | – | ₹1,534 Cr |
| Tata Nifty Midcap 150 Momentum 50 Index FundNitin Sharma | Jul 2025 | −4.95%a year | −3.61% | −1.34 pts | ₹1,206 Cr |
| Tata Nifty Capital Markets Index FundNitin Sharma | Jul 2025 | +7.83%a year | +9.16% | −1.33 pts | ₹964 Cr |
Up to ten funds a manager, largest first. Returns are the regular plan's.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
The investment objective of the Scheme is to seek to provide returns that are in line with returns provided by Tata Silver Exchange Traded Fund. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
Asset allocation
- Units of Tata Silver Exchange Traded Fund 95-100, Debt & Money Market Instruments including units of Mutual Funds 0-5. The scheme can invest residual portion of upto 5% in other liquid instruments** in addition to the existing instruments mentioned in the offer documents.
**Other liquid instruments include cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by the SEBI.
Type of scheme
An Open-ended fund of fund scheme investing in Tata Silver Exchange Traded Fund.
- Stated category
- Other Schemes - Fund of Fund (Domestic)
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- Domestic Price of Silver
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very High
- New fund offer
- 2 Jan 2024 to 16 Jan 2024
- Units first allotted
- 19 Jan 2024
- Open for sale again
- 24 Jan 2024
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 152293 | INF277KA1943 | TATA_SILV_ETF_U17YN8 | 24 Jan 2024 | |
| Regular Growth | 152297 | INF277KA1893 | TATA_SILV_ETF_PDIL78 | 24 Jan 2024 | |
| Direct IDCW | 152294 | INF277KA1968 | TATA_SILV_ETF_VVGIL2 | 24 Jan 2024 | |
| Regular IDCW | 152292 | INF277KA1927 | TATA_SILV_ETF_RSGJLI | 24 Jan 2024 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- Factsheet September 2026 (opens in a new tab)Tata Mutual Fund, Sep 2026
Statement of additional information
- SAI Tata Mutual Fund (opens in a new tab)Tata Mutual Fund, Oct 2026
Annual report
- Annual Report Annexures for F.Y. 2025-2026 (opens in a new tab)Tata Mutual Fund, Mar 2026
- Annual Report for Debt and Cash Schemes (opens in a new tab)Tata Mutual Fund, Mar 2026
- Annual Report for Equity Schemes (opens in a new tab)Tata Mutual Fund, Mar 2026
- Abridged Annual Report for Debt Schemes (opens in a new tab)Tata Mutual Fund, Mar 2026
Riskometer disclosure
- Risk Parameters in respect of Mid Cap and Small Cap equity schemes for FY-2026-27 (opens in a new tab)Tata Mutual Fund, Sep 2026
Portfolio overlap disclosure
- Portfolio Overlap Report as on September 2026 (opens in a new tab)Tata Mutual Fund, Sep 2026