Nippon India Silver ETF vs ICICI Prudential Silver ETF FOF
Updated June 2026 · both Silver funds · metrics from AMFI NAVs
In short: Nippon India Silver ETF has the higher 3-year return (+44.95%); ICICI Prudential Silver ETF FOF has the better risk-adjusted return (Sharpe 0.91). This is analysis from past data, not a recommendation.
| Metric | Nippon India Silver ETF | ICICI Prudential Silver ETF FOF |
|---|---|---|
| 1Y return | +116.64% | +112.88% |
| 3Y CAGR | +44.95% | +44.50% |
| 5Y CAGR | - | - |
| Sharpe ratio | 0.83 | 0.91 |
| Max drawdown | -44.4% | -45.5% |
| Volatility | 37.2% | 32.0% |
| Alpha | - | - |
| Expense ratio (Direct) | - | 0.20% |
| AUM | ₹34.7K Cr | ₹7.0K Cr |
Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.
FAQ
Which has performed better over 3 years?
Nippon India Silver ETF has the higher 3-year CAGR (+44.95%). Past performance does not predict future returns - check volatility and drawdown too, shown above.
How are these figures calculated?
All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.