MonitorDirect · GrowthWatch before adding
Zerodha Multi Asset Passive FoF
Zerodha Mutual FundFund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic)1.2 years
- NAV
- 10.8646
- 29 Oct 2026
- 1Y
- +0.4%
- Trailing CAGR
- AUM
- ₹188.18 Cr
- 30 Sept 2026
- Volatility
- Medium
- 13.0% 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
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 60% of rolling 1-year windows.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer UTI Income Plus Arbitrage Active Fund of Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Fail
1.2 years - thin for judging consistency.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.23% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -12.7%. Ask whether you can hold through a similar fall.
Vs category
n/a
Category relative read still thin.
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
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
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+0.4%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI+6.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-6.3%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- +6.5%
- Calendar-day CAGR
- Excess 1Y
- -4.2%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- SIP 3Y XIRR
- n/a
- Simulated monthly SIP
- Worst rolling 3Y
- n/a
- 0 daily-ending windows
- Median rolling 3Y
- n/a
- 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
- -12.7%
- Worst peak-to-trough
- Current
- -8.4%
- Below last peak
- Current spell
- 64 days
- Days below latest peak
- Time below peak
- +84%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 13 days
- 18 recovered episodes
- Longest recovery
- 154 days
- Trough to prior peak
29 Jan 2026 – 24 Aug 2026
Trough 23 Mar 2026 · recovered in 154 days
-12.7%
26 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-9.9%
17 Oct 2025 – 13 Nov 2025
Trough 28 Oct 2025 · recovered in 16 days
-2.1%
21 Jan 2026 – 28 Jan 2026
Trough 23 Jan 2026 · recovered in 5 days
-2.0%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
23
Vs category
24
Consistency
60
Risk-adjusted
30
Drawdown
68
Mean
41
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Supporting reads
- The fund beat the category median in 60% of rolling 1-year windows.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 5 holdings · top 10 are 100.0%.
- Top 5
- 100.5%
- Top 10
- 100.0%
- Largest holding
- 31.5%
- Effective holdings
- 3.8
Zerodha Nifty Midcap 150 ETF - Growth
Unspecified
31.5%
Zerodha Nifty 100 ETF - Growth
Unspecified
28.3%
Zerodha Gold ETF - Growth
Unspecified
24.8%
Zerodha Nifty 8-13 Yr G-Sec ETF - Growth
Unspecified
15.4%
Reverse Repo
Unspecified
0.4%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
28 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
26 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
19 Oct 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
UTI Income Plus Arbitrage Active Fund of Fund
UTI Mutual Fund
- 1Y
- +4.8%
- 3Y
- n/a
- Vol
- 0.9%
- Max DD
- -0.3%
- Sharpe
- -0.36
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
Axis Silver Fund of Fund
Axis Mutual Fund
- 1Y
- +27.9%
- 3Y
- +36.6%
- Vol
- 35.1%
- Max DD
- -49.4%
- Sharpe
- 0.87
- 3Y win
- +100%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Baroda BNP Paribas Gold ETF Fund of Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- +16.3%
- 3Y
- n/a
- Vol
- 33.1%
- Max DD
- -26.0%
- Sharpe
- 0.86
- 3Y win
- n/a
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
UTI Silver ETF Fund of Fund
UTI Mutual Fund
- 1Y
- +27.8%
- 3Y
- +36.7%
- Vol
- 37.9%
- Max DD
- -48.6%
- Sharpe
- 0.67
- 3Y win
- +100%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Zerodha Silver ETF FoF
Zerodha Mutual Fund
- 1Y
- +27.1%
- 3Y
- n/a
- Vol
- 54.4%
- Max DD
- -49.7%
- Sharpe
- 0.92
- 3Y win
- n/a
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown