COMPARE
ICICI Prudential Multi-Asset Active FOF - Direct Plan - Growth vs Tata Silver ETF Fund of Fund Direct Plan Growth Option
ICICI Prudential Multi-Asset Active FOF and Tata Silver ETF Fund of Fund are both in the FoF Domestic category, from ICICI Prudential Asset Management Company Limited and Tata Asset Management Limited respectively. Tata Silver ETF Fund of Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Tata Silver ETF Fund of Fund has the lower direct-plan expense ratio, by 0.06 percentage points.
| ICICI Prudential Multi-Asset Active FOF - Direct Plan - Growth | Tata Silver ETF Fund of Fund Direct Plan Growth Option | |
|---|---|---|
| Category | FoF Domestic | FoF Domestic |
| AMC | ICICI Prudential Asset Management Company Limited | Tata Asset Management Limited |
| Benchmark | - | Domestic Silver Price (SILVERBEES) |
| NAV | ₹9.6975 (2026-10-28) | ₹25.2595 (2026-10-28) |
| AUM | ₹2,490.669 Cr | ₹970.05 Cr |
| Expense Ratio (Direct) | 0.28% | 0.22% |
| Inception | 2026-06-30 | 2024-01-02 |
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
ICICI Prudential Multi-Asset Active FOF and Tata Silver ETF Fund of Fund carry the same Punji Quality grade.
Frequently asked questions
Which has a lower expense ratio, ICICI Prudential Multi-Asset Active FOF or Tata Silver ETF Fund of Fund?
Tata Silver ETF Fund of Fund's direct-plan expense ratio is 0.06 percentage points lower than ICICI Prudential Multi-Asset Active 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 ICICI Prudential Multi-Asset Active FOF and Tata Silver 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, ICICI Prudential Multi-Asset Active FOF or Tata Silver ETF Fund of Fund?
ICICI Prudential Multi-Asset Active FOF has ₹2,491 Cr in assets under management, versus ₹970 Cr for Tata Silver ETF Fund of Fund. 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, ICICI Prudential Multi-Asset Active FOF or Tata Silver ETF Fund of Fund?
Tata Silver ETF Fund of Fund launched on 2024-01-02, making it older than ICICI Prudential Multi-Asset Active FOF (launched 2026-06-30). 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.