COMPARE
Bandhan Multi-Asset Passive FOF - Direct Plan - Growth vs Zerodha Silver ETF FoF - Direct Growth
Bandhan Multi-Asset Passive FOF and Zerodha Silver ETF FoF are both in the FoF Domestic category, from Bandhan AMC Limited and Zerodha Asset Management Private Limited respectively. Bandhan Multi-Asset Passive FOF has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Bandhan Multi-Asset Passive FOF has the lower direct-plan expense ratio, by 0.14 percentage points.
| Bandhan Multi-Asset Passive FOF - Direct Plan - Growth | Zerodha Silver ETF FoF - Direct Growth | |
|---|---|---|
| Category | FoF Domestic | FoF Domestic |
| AMC | Bandhan AMC Limited | Zerodha Asset Management Private Limited |
| Benchmark | 65% Nifty 500 TRI + 25% NIFTY Short Duration Debt Index + 5% Domestic prices of gold + 5% Domestic prices of silver | Domestic Silver Price (SILVERBEES) |
| NAV | ₹42.5676 (2026-10-28) | ₹17.4683 (2026-10-28) |
| AUM | ₹19.322 Cr | ₹209.12 Cr |
| Expense Ratio (Direct) | 0.07% | 0.21% |
| Inception | 2010-01-04 | 2025-06-23 |
Returns
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
Zerodha Silver ETF FoF has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a lower expense ratio, Bandhan Multi-Asset Passive FOF or Zerodha Silver ETF FoF?
Bandhan Multi-Asset Passive FOF's direct-plan expense ratio is 0.14 percentage points lower than Zerodha Silver ETF FoF'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 Bandhan Multi-Asset Passive FOF and Zerodha 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, Bandhan Multi-Asset Passive FOF or Zerodha Silver ETF FoF?
Zerodha Silver ETF FoF has ₹209 Cr in assets under management, versus ₹19 Cr for Bandhan Multi-Asset Passive FOF. 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, Bandhan Multi-Asset Passive FOF or Zerodha Silver ETF FoF?
Bandhan Multi-Asset Passive FOF launched on 2010-01-04, making it older than Zerodha Silver ETF FoF (launched 2025-06-23). 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.