# Silver funds

Funds that track the domestic price of silver.

Full page: https://discovermf.com/categories/silver
Figures as of 4 Nov 2026, from DiscoverMF. Information, not investment advice. Past returns do not indicate future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.

8 funds managing ₹6,828 cr. Category averages: +26.1% over one year, +36.2% a year over three years; typical expense ratio 0.18%.

## All funds, by three-year return

| Fund | 1 year | 3 years (a year) | 5 years (a year) | Volatility | Expense ratio | Fund size |
| --- | --- | --- | --- | --- | --- | --- |
| [Mirae Asset Silver ETF](https://discovermf.com/funds/mirae-asset-silver-etf-151779.md) | +26.3% | +36.5% | — | 53.3% | 0.35% | ₹987 cr |
| [DSP Silver ETF](https://discovermf.com/funds/dsp-silver-etf-150523.md) | +25.9% | +36.4% | — | 59.1% | 0.00% | ₹1,096 cr |
| [UTI Silver Exchange Traded Fund](https://discovermf.com/funds/uti-silver-exchange-traded-fund-151730.md) | +26.5% | +36.0% | — | 56.1% | 0.00% | ₹1,257 cr |
| [Axis Silver ETF](https://discovermf.com/funds/axis-silver-etf-150610.md) | +26.4% | +36.0% | — | 55.6% | 0.42% | ₹1,736 cr |
| [360 ONE Silver ETF](https://discovermf.com/funds/360-one-silver-etf-153415.md) | +25.9% | — | — | 55.7% | 0.00% | ₹36.1 cr |
| [Groww Silver ETF](https://discovermf.com/funds/groww-silver-etf-153524.md) | +25.9% | — | — | 55.9% | 0.00% | ₹249 cr |
| [Zerodha Silver ETF](https://discovermf.com/funds/zerodha-silver-etf-153413.md) | +25.7% | — | — | 59.0% | 0.39% | ₹946 cr |
| [quant Silver ETF](https://discovermf.com/funds/quant-silver-etf-154625.md) | — | — | — | 28.5% | 0.60% | ₹521 cr |

## Questions

### How many Silver funds are there?

8 funds, managing ₹6,828 cr between them as of 4 Nov 2026. The largest is Axis Silver ETF, at ₹1,736 cr.

### What return have Silver funds given?

The average Silver fund returned +26.1% over the last year, +36.2% a year over three years. Over the last year the funds ranged from +25.7% to +26.5%. Past returns do not tell you future returns.

### Which Silver fund has the lowest expense ratio?

DSP Silver ETF, at 0.00% a year, against 0.18% for the average fund in the category. The expense ratio is taken out of the fund every day, so every return shown is already after it.

### Which Silver fund has the highest three-year return?

Mirae Asset Silver ETF, at +36.5% a year over the last three years, against +36.2% for the average fund. Past returns do not tell you future returns.

### How risky are Silver funds?

Their volatility over the last year averaged 55.8%: the higher it is, the more the price swings from day to day. All of them carry the riskometer level Very High, on SEBI's six-step scale from Low to Very High.