ReviewDirect · GrowthPrefer peers first
HDFC Silver ETF Fund of Fund
- NAV
- 31.0209
- 29 Oct 2026
- 1Y
- +26.5%
- Trailing CAGR
- AUM
- ₹4,698.5 Cr
- 31 Aug 2026
- Volatility
- High
- 37.4% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Maximum drawdown exceeded 35%.
Prefer peers if · Prefer ICICI Prudential Silver ETF FOF if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Watch
4.0 years - usable, still building a track record.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
Pass
0.21% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Watch
Peak-to-trough -49.5%. Ask whether you can hold through a similar fall.
Vs category
Pass
100% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 100.0% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+26.5%
- 3Y+36.3%
- 5Yn/a
- 10Yn/a
- SI+32.8%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-29.3%
- 3Y+35.5%
- 5Yn/a
- 10Yn/a
- Since inception
- +32.8%
- Calendar-day CAGR
- Excess 1Y
- +22.8%
- Category median, same plan and option
- 3Y win rate
- +100%
- Windows beating the median
- 3Y percentile
- 96
- Vs comparable share classes
- SIP 3Y XIRR
- +35.5%
- Simulated monthly SIP
- Worst rolling 3Y
- +32.4%
- 249 daily-ending windows
- Median rolling 3Y
- +45.6%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -49.5%
- Worst peak-to-trough
- Current
- -49.5%
- Below last peak
- Current spell
- 273 days
- Days below latest peak
- Time below peak
- +90%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 17 days
- 44 recovered episodes
- Longest recovery
- 286 days
- Trough to prior peak
29 Jan 2026 – open
Trough 29 Oct 2026 · not recovered
-49.5%
14 Oct 2025 – 11 Dec 2025
Trough 28 Oct 2025 · recovered in 44 days
-24.8%
29 May 2024 – 21 Oct 2024
Trough 8 Aug 2024 · recovered in 74 days
-15.8%
23 Oct 2024 – 17 Mar 2025
Trough 20 Dec 2024 · recovered in 87 days
-13.6%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
96
Vs category
100
Consistency
86
Risk-adjusted
66
Drawdown
0
Mean
70
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Review
Buying stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
Why this status
- Maximum drawdown exceeded 35%.
Supporting reads
- The fund beat the category median in 100% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
31 Aug 2026 · 2 holdings · top 10 are 100.0%.
- Top 5
- 100.0%
- Top 10
- 100.0%
- Largest holding
- 100.3%
- Effective holdings
- 1.0
HDFC Silver ETF Regular - Growth
Unspecified
100.3%
Repo
Unspecified
0.3%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
ICICI Prudential Silver ETF FOF
ICICI Prudential Mutual Fund
- 1Y
- +27.6%
- 3Y
- +36.3%
- Vol
- 33.3%
- Max DD
- -49.0%
- Sharpe
- 0.69
- 3Y win
- +86%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
Aditya Birla Sun Life Income Plus Arbitrage Active FOF
Aditya Birla Sun Life Mutual Fund
- 1Y
- +4.7%
- 3Y
- +7.1%
- Vol
- 4.7%
- Max DD
- -10.1%
- Sharpe
- 0.37
- 3Y win
- +11%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Bandhan Aggressive Hybrid Passive FOF
Bandhan Mutual Fund
- 1Y
- -0.7%
- 3Y
- +11.4%
- Vol
- 10.3%
- Max DD
- -29.0%
- Sharpe
- 0.46
- 3Y win
- +56%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Bandhan Conservative Hybrid Passive FOF
Bandhan Mutual Fund
- 1Y
- -0.5%
- 3Y
- +7.0%
- Vol
- 3.5%
- Max DD
- -9.8%
- Sharpe
- 0.66
- 3Y win
- +26%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
BHARAT Bond ETF FOF - April 2033
Edelweiss Mutual Fund
- 1Y
- +0.9%
- 3Y
- +6.7%
- Vol
- 4.4%
- Max DD
- -4.3%
- Sharpe
- 0.19
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns