Kotak Silver ETF

NAVs of 8 Nov 2026

Kotak Mahindra Mutual Fund · Index & ETFs fund · Regular plan · Growth

Other ETFsRegular · GrowthRisk: Very High

NAV · 6 Nov 2026

₹17.7473 ▼ 1.81%

Kotak Mahindra Mutual Fund

Fund size₹3,681 crJuly - September 2026

1-month range₹17.00 – 21.40

1 year-87.64%rank 145 of 152

Expense ratio0.35%regular plan, a year

5 Year CAGR–average a year

What the fund does

The investment objective of the scheme is To generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking error. The Scheme may also participate in silver related instruments. Exchange Traded Commodity Derivatives (ETCDs) having silver as the underlying shall be considered as Silver related instrument for Silver ETFs. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

BenchmarkDomestic Prices of physical Silver

Launched12 Dec 2022

Fund houseKotak Mahindra Mutual Fund

Fund managersFM 1 Mr. Jeetu Valecha FM 2 Mr. Abhishek Bisen

NAV history

Returns

1 week

+0.86%avg 5.5%

1 month

-16.33%avg 4.2%

3 months

-20.53%avg -2.1%

6 months

-27.77%avg -0.8%

This year

-91.98%avg -5.1%

1 year

-87.64%avg -2.5% · #145/152

3 Year CAGR

-36.86%avg -2.1% · #70/90

Bars: this plan; the thin mark is the Other ETFs average (regular plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												-3.9
2025	+8.3	+0.1	+6.9	-5.9	+3.4	+8.4	+3.9	+6.6	+20.3	+4.6	+10.1	+39.2
2026	+44.7	-92.0	-11.8	+2.3	+9.7	-14.4	-3.2	+8.5	-6.6	-17.3	+0.9

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Stocks held02 lines in all

Top 10 stocks0.0%of the fund

Equity0.0%stocks and equity derivatives

Debt & cash100.0%everything else

Where the money is

Cash & others 100.0%

Debt, money market and cash 2

Holding	Sector / type	% of fund
SILVER	–	98.64%
Net Current Assets/(Liabilities)	–	1.36%

From the fund house's monthly portfolio (kotakmf.com), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility236.3%yearly, from daily NAVs

Worst fall-95.34%29 Jan 2026 → 3 Nov 2026

RiskometerVery HighVery High

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 13 Dec 2022).

Fund details

Fund size (average AUM, July - September 2026)	₹3,681 cr across all plans
Fund house	Kotak Mahindra Mutual Fund
Category	Index & ETFs · Other ETFs
Plan	Regular
Option	Growth
Expense ratio (TER)	Direct 0.00% · Regular 0.35% (3 Nov 2026)
Minimum investment	Ongoing purchases directly from the Mutual Fund would be restricted to Market Makers and Large Investors provided the value of units to be purchased is in creation unit size or multiples thereof. The aforesaid limit of Rs.25 crores is not applicable for Market Makers. Market Makers / Large Investors may exchange Portfolio Deposit / cash equivalent to the portfolio deposit and applicable cash component and transaction handling charges for Purchase of Units of the Scheme in ‘Creation Unit’ size or in multiples thereof directlyfrom the Mutual Fund, as defined by the Scheme for that respective Business Day. Units may be allotted only on realization of the full consideration for creation unit and at the value at which the underlying stocks for the creation unit is purchased against that purchase request. The units are listed on NSE to provide liquidity through secondary market. All categories of Investors may purchase the units through secondary market on any trading day. • The AMC shall appoint at least two Market Makers, who are members of the Stock Exchanges, for ETFs to provide continuous liquidity on the stock exchange platform by providing two-way quotes in the units of the Scheme during trading hours. Switches are not allowed under the scheme
Scheme code (AMFI)	150948
ISIN	INF174KA1ZD3
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Top Other ETFs funds (regular plans)

Fund	1 year	3 years (a year)
ICICI PRUDENTIAL SILVER ETF	+23.64%	+36.11%
HDFC Silver ETF	+23.10%	+35.90%
Motilal Oswal Nasdaq Q50 ETF	+30.35%	+29.16%
Motilal Oswal Nasdaq 100 ETF	+13.95%	+25.82%
Motilal Oswal BSE Healthcare ETF	+16.43%	+22.43%
ICICI Prudential Nifty Healthcare ETF	+15.62%	+21.00%
DSP Nifty PSU Bank ETF	+3.41%	+20.19%
ICICI Prudential Nifty PSU Bank ETF	+4.33%	+20.09%
Kotak Silver ETF	-87.64%	-36.86%

All Other ETFs funds ranked › · Compare with others ›

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Information only, not investment advice.

What is the NAV of Kotak Silver ETF today?

₹17.7473 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of Kotak Silver ETF?

1 year: -87.64%, 3 years: -36.86% a year

How does Kotak Silver ETF rank in its category?

145 of 152 Other ETFs funds (regular plans, growth option) by 1-year return.

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.