| Investment Objective 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. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. |
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| Date of inception/allotment |
17th April, 2023 |
| Fund Manager |
Mr. Sharwan Kumar Goyal, B.Com, CFA, MMS Managing the scheme since May 2025 Total Exp: 19 Yrs Mr Ayush Jain, Assistant Fund Manager, B.com, CA Managing the scheme since May 2025 Total Exp: 7 Yrs Mr. Lokesh Kulthia (Asst. Fund Manager) - B.Com (Hons), MBA (Finance), PGPFM, EPAT, Managing the scheme Since June, 2026 Total Exp: 7 Yrs |
| Fund AUM/Folio as on 31st July, 2026 |
Average AUM for the quarter : ₹ 799.55 Crore ended 30th June 2026 Fund Size Monthly Average : ₹ 728.51 Crore Closing AUM : ₹ 1,357.66 Crore No. of Folios : 67,995 |
High/Low NAV in the month |
High Growth Option : ₹ 223.7874 Low Growth Option : ₹ 206.8599 |
Month-end Total Expense Ratio (%)* |
Regular: 0.59 *For detailed YTD Total Expense Ratio refer to Click Here |
NAV per unit as on 31st July, 2026 |
₹ 208.8935 |
| Tracking error as on 31st July, 2026 |  |
| Minimum Application Amount | On the stock exchange: Minimum 1 Unit can be bought/sold in demat form at prevailing prices quoted on the NSE and on any other exchange where they are traded. Direct creation of Units with the Fund: Authorized Participants / others can create the Units in demat form in exchange against prescribed portfolio deposit and the applicable cash component at NAV based prices atleast in one creation unit. |
Benchmark Index |
Domestic Price of silver (based on LBMA Silver daily spot fixing price) |
| Load Structure | Entry Load*: NA Exit Load: Nil *In terms of provision no. 11.7.1 of para 11.7 under Chapter 11 of SEBI Master Circular for Mutual Funds no entry load will be charged by the Scheme to the investor. |
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| Silver Bullion | 98% |
| Equity | % of Nav |
| Silver Bullion | 98.24 |
| Treps Maturing On 03.08.2026 | 0.11 |
| Net Current Assets | 1.65 |
| TOTAL | 100.00 |
| Fund Performance Vs Benchmark (CAGR) as on 31st July, 2026 Growth of ₹ 10000 |
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| Period | NAV Growth (%) |
Domestic price of Silver (%) |
NAV Growth TRI (₹) |
Domestic price of Silver (%) |
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| 1 Y | 95.54 | 99.59 | 19,554 | 19,959 | ||||
| 3 Y | 41.12 | 43.15 | 28,130 | 29,363 | ||||
| SI* | 36.07 | 37.62 | 27,551 | 28,597 | ||||
Past performance may or may not be sustained in future. Different plans have a different expense structure. The scheme does not offer any plan / options. Date of allotment in the scheme/plan has been considered for inception date. Returns less than 1 year are Simple Annualized Growth Rate. Returns greater than 1 year period are Compound Annual Growth Rate (CAGR). The Schemes is Managed by the Fund Manager Mr. Sharwan Kumar Goyal, Mr Ayush Jain (Asst. Fund Manager) & Mr. Lokesh Kulthia (Asst. Fund Manager). Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement. In case, the start/end date of the concerned period is a non-business day, the NAV of the previous date is considered for computation of returns. Load is not taken into consideration for computation of performance.
This product is suitable for investors who are seeking*:
- Investors seeking returns that are in line with the performance of physical silver over the long term, subject to tracking errors
- Investment predominantly in Physical Silver and Silver related instruments
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.