Scheme

Tata Silver Exchange Traded Fund

Holds 1 companies worth ₹5,010 Cr in Sept 2026.

Fund house
TataThe fund house that runs this scheme.
AUM
₹5,166 CrTata Silver Exchange Traded Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 5.0% on Aug 2026, ₹5,440 Cr.
Largest holding
SILVER PHYSICAL PURITY 999SILVER PHYSICAL PURITY 999 is 97.0% of this scheme's NAV.
Fund manager
Tapan PatelRuns it since 12 Jan 2024, as the fund house dates it. With Nitin Sharma (fund manager).

Overview^{(9 Oct 2026)}

Fund managers2

Tapan PatelFund manager · Jan 2024 · 12y · CFA
Nitin SharmaFund manager · Jul 2025 · 19y · B.Com

Kapil MenonApr 2024 – Jul 2025

Key facts

Benchmark: Domestic Price of Silver
Risk: Very High
Expense: Regular 0% · Direct 0.46%
Exit load: Nil
Started: 12 Jan 2024
Minimum: ₹100

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

What changed^{(5 changes)}

Sept 2026

1 change

Expense ratio
11 SeptRegular 0.06% → 0%

Aug 2026

1 change

Expense ratio
13 AugRegular 0% → 0.06%

Apr 2026

1 change

Expense ratio
29 AprDirect 0.44% → 0.39%

Source.Its filings at NSE, since Mar 2025.

Fund managers over time^{(Jan 2024 – now)}

MainCoSlice20252026

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^{(Mar 2025 – Oct 2026)}

Every change to the expense ratio, newest first.
4 changes	Regular	Direct	Δ pt
11 Sept 2026	0.00%	0.39%	0
13 Aug 2026	0.06%	0.39%	0
29 Apr 2026	0.00%	0.39%	0.05
31 Mar 2025	0.00%	0.44%	–

Direct plan, 11 Sept 2026

0.39%

Regular plan 0.00% · 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

The investment objective of the fund is to generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking error. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved

Risk, type and benchmark

Riskometer: Very High
At launch: Very High
Type: An Open-Ended Exchange Traded Fund replicating / tracking domestic price of Gold
Benchmark: Domestic Price of Silver

Asset allocation it may hold% of NAV

Silver (Includes Physical Silver and other Silver related instruments as permitted by SEBI from time to time) 95-100, Debt & Money Market Instruments including units of Mutual Funds 0-5. The scheme can invest residual portion of
Allowed0–5%

Holds in Sept 2026.3.0% debt and cash · 97.0% gold and silver

How to invest^{(9 Oct 2026)}

Buying

To start: ₹100, then in multiples of ₹1
Most: Not Applicable.
Systematic: SIP-- Not Applicable ;STP --Not Applicable ;SWP --Not Applicable
Dates: SIP-- Not Applicable ;STP --Not Applicable ;SWP --Not Applicable
Minimum: SIP-- Not Applicable ;STP --Not Applicable ;SWP --Not Applicable, then sIP-- Not Applicable ;STP --Not Applicable ;SWP --Not Applicable
Instalments: SIP-- Not Applicable ;STP --Not Applicable ;SWP --Not Applicable
Most: SIP-- Not Applicable ;STP --Not Applicable ;SWP --Not Applicable

Selling and switching

Switch minimum: For all units there is no minimum switch amount. or For all units there is no minimum switch units. units
Switch multiples: Not Applicable. or Not Applicable. units
Switch most: Not Applicable. or Not Applicable. units

Scheme details^{(9 Oct 2026)}

What it is

Category: Other Schemes- Exchange Traded Fund
Offer: 02 01 2024 to 9 Jan 2024
Started: 12 Jan 2024
Reopened: 17 Jan 2024
Face value: The units being offered will have a face value of Rs. 1/- each and will be issued at a premium, if any, approximately equal to the difference between face value and allotment price. The Allotment price for the NFO shall be approximately equal to 1/10,000th of the value of the 1 KG silver price on the date of allotment.
Listed: NSE Listing

How it is run

Swing pricing: No
Side-pocketing: No
Custodian: Orbis Financial Corporation Limited
Auditor: S.R. Batliboi & CO. LLP
Registrar: Computer Age Management Services Limited
SEBI code: TATA/O/O/OET/23/12/0059