October 17, 2025
RA Jainee
Mirae Asset Silver ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 164.6633
Suitable For Which Investors?
• Investors who believe in the prospects of silver can consider silver funds in a limited exposure for diversification. Otherwise, they can be avoided.
• Equity funds are more suitable for long term wealth creation.
Fund’s Investment Strategy:
The scheme seeks to generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking error. The Scheme does not guarantee or assure any returns.
Fund Manager:
1) Ritesh Patel
Education: Mr. Ghosh is a Commerce Graduate and holds a Degree in CS and LLB.
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.
2) Akshay Udeshi
Education: Mr. Udeshi has done B.E (Electronics) and MBA (Finance)
Experience: Prior to joining Mirae Asset Mutual Fund, he was assocaited with Reliance Retail Ltd. and L&T Financial Services
Investment Details
| Min. Investment (₹) | 5,000 |
| Min. Addl Investment (₹) | — |
| Min. SIP Investment (₹) | — |
| Min. Withdrawal (₹) | — |
| Min. No of Cheques | — |
| Min. Balance (₹) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Mirae Asset Silver ETF
| Fund House | Mirae Asset Mutual Fund |
| Launch Date | 09-Jun-23 |
| Return Since Launch | 41.04% |
| Benchmark | Domestic Price of Silver |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | ₹ 377 Cr |
| (As on 30-Sep-2025) | |
| Expense | 0.34% |
| (As on 30-Sep-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Mirae Asset Silver ETF
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mirae Asset Silver ETF | 93.42 | -3.37 | 30.39 | 50.46 | 72.99 | 81.79 | — | — | — | — |
| Domestic Prices of Silver | 103.97 | -1.51 | 37.26 | 56.61 | 84.24 | 94.98 | — | — | — | — |
| Commodities: Silver | 89.89 | -4.14 | 28.33 | 47.86 | 69.96 | 78.40 | — | — | — | — |
| Rank within category | 6 | 6 | 7 | 6 | 5 | 6 | — | — | — | — |
| Number of funds in category | 21 | 26 | 26 | 25 | 22 | 21 | 10 | 0 | 0 | 0 |
Peer Comparison of Mirae Asset Silver ETF
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Mirae Asset Silver ETF | Unrated | 81.79 | — | — | 0.34 | 377 | 41.04 | — | 2Y 4M | — |
| Nippon India Silver ETF | Unrated | 81.42 | 42.43 | — | 0.56 | 15,284 | 29.99 | — | 3Y 8M | 45.00 |
| ICICI Pru Silver ETF | Unrated | 82.07 | 42.38 | — | 0.40 | 9,481 | 28.81 | — | 3Y 8M | — |
| HDFC Silver ETF | Unrated | 81.21 | 42.2 | — | 0.45 | 2,426 | 44.03 | — | 3Y 1M | — |
| Kotak Silver ETF | Unrated | 81.83 | — | — | 0.45 | 2,018 | 35.99 | — | 2Y 10M | 10.29 |
Portfolio Breakup
Chanakya’s Mutual Fund Guidance For Mirae Asset Silver ETF
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Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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