Scheme

Kotak Silver ETF Fund of Fund

Holds 1 companies worth ₹957 Cr in Sept 2026.

Fund house
KotakThe fund house that runs this scheme.
AUM
₹1,009 CrKotak Silver ETF Fund of Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Up 0.5% on Aug 2026, ₹1,004 Cr.
Largest holding
KOTAK MUTUAL FUND KOTAK SILVER ETFKOTAK MUTUAL FUND KOTAK SILVER ETF is 99.1% of this scheme's NAV.
Fund manager
Abhishek BisenRuns it since 31 Mar 2023, as the fund house dates it. With Jeetu Valechha Sonar (fund manager).

Overview^{(4 Sept 2026)}

Fund managers2

Abhishek BisenFund manager · Mar 2023 · 23y · MBA
Jeetu Valechha SonarFund manager · Mar 2023 · 11y

Key facts

Benchmark: Domestic Prices of physical Silver
Risk: Very High
Expense: Regular 0.65% · Direct 0.28%
Exit load: 0.5% within 30 days
Started: 31 Mar 2023
Minimum: ₹1,000

Source.Its Scheme Summary Document as of 4 Sept 2026 at AMFI.

What changed^{(6 changes)}

Jun 2026

1 change

Expense ratio
29 JunRegular 0.64% → 0.65%Direct 0.24% → 0.28%

May 2026

1 change

Expense ratio
30 MayRegular 0.65% → 0.64%Direct 0.25% → 0.24%

Apr 2026

2 changes

Benchmark
29 AprPrice of silver (based on LBMA daily spot fixing price) → Domestic Prices of physical Silver
Expense ratio
29 AprRegular 0.64% → 0.65%Direct 0.24% → 0.25%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time^{(Mar 2023 – now)}

MainCoSlice202420252026

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^{(Aug 2024 – Sept 2026)}

Every change to the expense ratio, newest first.
6 changes	Regular	Direct	Δ pt
29 Jun 2026	0.65%	0.28%	0.04
30 May 2026	0.64%	0.24%	0.01
29 Apr 2026	0.65%	0.25%	0.01
30 Mar 2026	0.64%	0.24%	0
27 Feb 2026	0.70%	0.24%	0.10
31 Aug 2024	0.60%	0.14%	–

Direct plan, 29 Jun 2026

0.28%

Regular plan 0.65% · Exit load 0.5% within 30 days

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^{(4 Sept 2026)}

Objective

The investment objective of the scheme is to generate returns by investing in units of Kotak Silver ETF. However, there can be 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 Silver ETF
Benchmark: Domestic Prices of physical Silver

Asset allocation it may hold% of NAV

Units of Kotak Silver ETF
Allowed95–100%
Very High Debt & Money Market Instruments including
Allowed0–5%Holds0.9%

Holds in Sept 2026.0.9% debt and cash · 99.1% fund units

How to invest^{(4 Sept 2026)}

Buying

To start: ₹1,000, then multiples of Re.1
To add: ₹100, then multiples of Re.1
Systematic: SIP - Daily, Weekly, Monthly, Quarterly, Half – Yearly and Annually SWP - Daily, Weekly, Monthly, Quarterly, Half – Yearly and Annually STP - Daily & Weekly
Dates: SIP - Any date from 1st to 31st SWP - Any Date of Every Month STP - Any Business Day
Minimum: SIP - Rs. 100/- and any amount thereafter, SWP - Rs. 1000 STP - Rs. 1000, then sIP - Rs. 100/- and any amount thereafter,SWP - N.A.STP - 0.01
Instalments: SIP - N.A. SWP - 6 installments STP - 6 installments

Selling and switching

To redeem: ₹1,000 or 100 units units

Scheme details^{(4 Sept 2026)}

What it is

Category: FOF Domestic
Offer: 13 Mar 2023 to 27 Mar 2023
Started: 31 Mar 2023
Reopened: 11 Apr 2023
Plans: Growth
Face value: ₹10
Listed: No

How it is run

Swing pricing: No
Side-pocketing: Enabled, No segregated portfolio created.
Custodian: Deutsche Bank A G, Mumbai and Standard Chartered Bank, Mumbai
Auditor: S. R. Batliboi & Co. LLP
Registrar: Computer Age Management Services (‘CAMS’)
SEBI code: KOTM/O/O/FOD/22/09/0097