Fundalysisby DARKHORSESTOCKS

Scheme

Kotak Gold Silver Passive FoF

Holds 2 companies worth ₹1,077 Cr in Sept 2026.

  • Fund house

    KotakThe fund house that runs this scheme.

  • AUM

    ₹1,142 CrKotak Gold Silver Passive FoF's AUM at the end of 31 Aug 2026, as AMFI reports it. Up 9.7% on Jul 2026, ₹1,041 Cr.

  • Largest holding

    KOTAK MUTUAL FUND KOTAK SILVER ETFKOTAK MUTUAL FUND KOTAK SILVER ETF is 56.9% of this scheme's NAV.

  • Fund manager

    Abhishek BisenRuns it since 28 Oct 2025, as the fund house dates it. With Rohit Tandon (fund manager).

Overview(9 Oct 2026)

Fund managers2

  1. Abhishek BisenFund manager, debt · Oct 2025 · 23y · MBA
  2. Rohit TandonFund manager · Oct 2025 · 20y · PGDM B.E.

    Key facts

    Benchmark
    Domestic Prices of Gold (50%) and Domestic Prices of Silver (50%)
    Risk
    Very High
    Expense
    Regular 0.54% · Direct 0.2%
    Exit load
    Nil
    Started
    28 Oct 2025
    Minimum
    ₹100

    Source.Its Scheme Summary Document as of 9 Oct 2026 at AMFI.

    What changed(4 changes)

    May 2026

    1 change
    1. Expense ratio
      30 MayRegular 0.57% → 0.53%Direct 0.23% → 0.19%

    Apr 2026

    2 changes
    1. Benchmark
      29 AprThe scheme would be benchmarked against Domestic Price of Gold and Silver. → Domestic Prices of Gold (50%) and Domestic Prices of Silver (50%)
    2. Expense ratio
      29 AprRegular 0.53% → 0.57%Direct 0.19% → 0.23%

    Mar 2026

    1 change
    1. Expense ratio
      30 MarRegular 0.45% → 0.53%Direct 0.16% → 0.19%

    Source.Its filings at NSE, since Oct 2025.

    Fund managers over time(Oct 2025 – now)

    1. Abhishek Bisen
    2. Rohit Tandon
    MainCoSlice2026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Oct 2025 – Oct 2026)

    Every change to the expense ratio, newest first.
    4 changesRegularDirectΔ pt
    30 May 20260.53%0.19%0.04
    29 Apr 20260.57%0.23%0.04
    30 Mar 20260.53%0.19%0.03
    31 Oct 20250.45%0.16%–
    Direct plan, 30 May 2026
    0.19%
    Regular plan 0.53% · Exit load nil
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(9 Oct 2026)

    Objective

    To generate long-term capital appreciation from a portfolio created by investing in units of Kotak Gold ETF & Kotak Silver ETF However, there is no assurance that the investment objective of the scheme will be realized.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An open-ended fund of fund scheme investing in units of Kotak Gold ETF and Kotak Silver ETF.
    Benchmark
    Domestic Prices of Gold (50%) and Domestic Prices of Silver (50%)

    Asset allocation it may hold% of NAV

    1. Units of Kotak Gold ETF and Kotak Silver ETF
      Allowed95–100%
    2. Money Market Instruments and Units of debt-oriented schemes
      Allowed0–5%Holds2.5%

    Holds in Sept 2026.2.5% debt and cash · 97.5% fund units

    How to invest(9 Oct 2026)

    Buying

    To start
    ₹100, then in multiples of ₹1
    To add
    ₹100, then in multiples of ₹1
    Systematic
    SIP - Daily, Weekly, Monthly, Quarterly, Half-yearly and Anually SWP -Daily, Weekly, Monthly,Quarterly, Half-Yearly and Anually STP - Daily, Weekly, Monthly & Quarterly SSIP - Monthly/Quarterly SSTP - Monthly/Quarterly SSWP - Monthly/ Quarterly
    Dates
    SIP - Any date from 1st to 31st SWP - Any Business Day STP - Any Business Day SSIP - Any date from 1st to 31st of a given month/quarter SSTP - Any Business Day (Monday-Friday) and Any Business date from 1st to 31st of given month/quarter SSWP- 1st, 7th, 14th, 21st & 25th
    Minimum
    SIP - Rs. 100 and any amount thereafter SWP - Rs. 1000 STP - Rs. 1000
    Instalments
    SIP - N.A. SWP - N.A. STP - N.A.

    Selling and switching

    To redeem
    The minimum redemption amount for all plans will be Rs. 100/- or account balance, whichever is lower.
    Switch minimum
    The minimum switch amount for all the plans will be Rs. 100/

    Scheme details(9 Oct 2026)

    What it is

    Category
    Fund of Fund (FoF) - Commodity based FoF
    Offer
    6 Oct 2025 to 20 Oct 2025
    Started
    28 Oct 2025
    Reopened
    4 Nov 2025
    Plans
    Growth
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    Enabled, Segregration of portfolio has been enabled
    Custodian
    Deutsche Bank A G, Mumbai & Standard Chartered Bank
    Auditor
    S. R. Batliboi & Co. LLP
    Registrar
    Computer Age Management Services Limited (‘CAMS’)
    SEBI code
    KOTM/O/O/FOD/25/07/0154