COMPARE
Aditya Birla Sun Life Multi-Asset Passive FOF-Direct Growth vs Nippon India Silver ETF FOF- Direct Plan-Growth Option
Aditya Birla Sun Life Multi-Asset Passive FOF-Direct Growth and Nippon India Silver ETF FOF- are both in the FoF Domestic category, from Aditya Birla Sun Life AMC Limited and Nippon Life India Asset Management Limited respectively. Nippon India Silver ETF FOF- has posted a higher 3-year rolling CAGR. Nippon India Silver ETF FOF- has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Nippon India Silver ETF FOF- has the lower direct-plan expense ratio, by 0.08 percentage points.
| Aditya Birla Sun Life Multi-Asset Passive FOF-Direct Growth | Nippon India Silver ETF FOF- Direct Plan-Growth Option | |
|---|---|---|
| Category | FoF Domestic | FoF Domestic |
| AMC | Aditya Birla Sun Life AMC Limited | Nippon Life India Asset Management Limited |
| Benchmark | 50% Nifty 500 TRI + 35% NIFTY Short Duration Debt Index + 10% Domestic Price of Physical Gold + 5% Domestic Price of Silver | Domestic Silver Price (SILVERBEES) |
| NAV | ₹16.8858 (2026-10-28) | ₹29.2463 (2026-10-28) |
| AUM | ₹34.84 Cr | ₹3,991.359 Cr |
| Expense Ratio (Direct) | 0.3% | 0.22% |
| Inception | 2022-09-26 | 2022-01-13 |
Returns
Nippon India Silver ETF FOF- leads on 3-year rolling CAGR (37.2% vs Aditya Birla Sun Life Multi-Asset Passive FOF-Direct Growth's 18.1%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
This is a fund of funds. Its risk profile belongs to the schemes it holds, not to a benchmark of its own.
Portfolio Analytics
Punji Fund Health Score
Aditya Birla Sun Life Multi-Asset Passive FOF-Direct Growth has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Aditya Birla Sun Life Multi-Asset Passive FOF-Direct Growth or Nippon India Silver ETF FOF-?
Nippon India Silver ETF FOF-'s 3-year rolling CAGR of 37.2% is higher than Aditya Birla Sun Life Multi-Asset Passive FOF-Direct Growth's 18.1%. Nippon India Silver ETF FOF- sits in the 91st percentile of its category on this metric, versus the 72nd percentile for Aditya Birla Sun Life Multi-Asset Passive FOF-Direct Growth - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, Aditya Birla Sun Life Multi-Asset Passive FOF-Direct Growth or Nippon India Silver ETF FOF-?
Nippon India Silver ETF FOF-'s direct-plan expense ratio is 0.08 percentage points lower than Aditya Birla Sun Life Multi-Asset Passive FOF-Direct Growth's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Why don't Aditya Birla Sun Life Multi-Asset Passive FOF-Direct Growth and Nippon India Silver ETF FOF- show risk metrics like Sharpe ratio or alpha?
This is a fund of funds. Its risk profile belongs to the schemes it holds, not to a benchmark of its own. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which has higher AUM, Aditya Birla Sun Life Multi-Asset Passive FOF-Direct Growth or Nippon India Silver ETF FOF-?
Nippon India Silver ETF FOF- has ₹3,991 Cr in assets under management, versus ₹35 Cr for Aditya Birla Sun Life Multi-Asset Passive FOF-Direct Growth. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, Aditya Birla Sun Life Multi-Asset Passive FOF-Direct Growth or Nippon India Silver ETF FOF-?
Nippon India Silver ETF FOF- launched on 2022-01-13, making it older than Aditya Birla Sun Life Multi-Asset Passive FOF-Direct Growth (launched 2022-09-26). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.