COMPARE
Bandhan Silver ETF FOF-Direct-Growth vs HDFC Gold ETF Fund of Fund - Direct Plan
Bandhan Silver ETF FOF-Direct-Growth and HDFC Gold ETF Fund of Fund are both in the FoF Domestic category, from Bandhan AMC Limited and HDFC Asset Management Company Limited respectively. Bandhan Silver ETF FOF-Direct-Growth has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Bandhan Silver ETF FOF-Direct-Growth has the lower direct-plan expense ratio, by 0.08 percentage points.
| Bandhan Silver ETF FOF-Direct-Growth | HDFC Gold ETF Fund of Fund - Direct Plan | |
|---|---|---|
| Category | FoF Domestic | FoF Domestic |
| AMC | Bandhan AMC Limited | HDFC Asset Management Company Limited |
| Benchmark | Domestic Silver Price (SILVERBEES) | Domestic Gold Price (GOLDBEES) |
| NAV | ₹6.346 (2026-10-28) | ₹44.1363 (2026-10-28) |
| AUM | ₹142.521 Cr | ₹11,714.865 Cr |
| Expense Ratio (Direct) | 0.12% | 0.2% |
| Inception | 2026-01-12 | 2011-10-07 |
Returns
This is a fund of funds. Its returns come from the schemes it holds, which report their own histories.
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
Bandhan Silver ETF FOF-Direct-Growth has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a lower expense ratio, Bandhan Silver ETF FOF-Direct-Growth or HDFC Gold ETF Fund of Fund?
Bandhan Silver ETF FOF-Direct-Growth's direct-plan expense ratio is 0.08 percentage points lower than HDFC Gold ETF Fund of Fund'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 Silver ETF FOF-Direct-Growth and HDFC Gold ETF Fund of Fund 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 Silver ETF FOF-Direct-Growth or HDFC Gold ETF Fund of Fund?
HDFC Gold ETF Fund of Fund has ₹11,715 Cr in assets under management, versus ₹143 Cr for Bandhan Silver ETF 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, Bandhan Silver ETF FOF-Direct-Growth or HDFC Gold ETF Fund of Fund?
HDFC Gold ETF Fund of Fund launched on 2011-10-07, making it older than Bandhan Silver ETF FOF-Direct-Growth (launched 2026-01-12). 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.