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Nippon India Silver ETF FOF- Direct Plan-Growth Option vs UTI Gold ETF Fund of Fund - Direct Plan - Growth Option
Nippon India Silver ETF FOF- and UTI Gold ETF Fund of Fund are both in the FoF Domestic category, from Nippon Life India Asset Management Limited and UTI Asset Mgmt. Co. Ltd. respectively. Nippon India Silver ETF FOF- has posted a higher 3-year rolling CAGR. UTI Gold ETF Fund of Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
UTI Gold ETF Fund of Fund has the lower direct-plan expense ratio, by 0.15 percentage points.
| Nippon India Silver ETF FOF- Direct Plan-Growth Option | UTI Gold ETF Fund of Fund - Direct Plan - Growth Option | |
|---|---|---|
| Category | FoF Domestic | FoF Domestic |
| AMC | Nippon Life India Asset Management Limited | UTI Asset Mgmt. Co. Ltd. |
| Benchmark | Domestic Silver Price (SILVERBEES) | Domestic Gold Price (GOLDBEES) |
| NAV | ₹29.2463 (2026-10-28) | ₹27.2412 (2026-10-28) |
| AUM | ₹3,991.359 Cr | ₹1,510.591 Cr |
| Expense Ratio (Direct) | 0.22% | 0.07% |
| Inception | 2022-01-13 | 2022-10-10 |
Returns
Nippon India Silver ETF FOF- leads on 3-year rolling CAGR (37.2% vs UTI Gold ETF Fund of Fund's 34.8%) - 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
UTI Gold ETF Fund of Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Nippon India Silver ETF FOF- or UTI Gold ETF Fund of Fund?
Nippon India Silver ETF FOF-'s 3-year rolling CAGR of 37.2% is higher than UTI Gold ETF Fund of Fund's 34.8%. Nippon India Silver ETF FOF- sits in the 91st percentile of its category on this metric, versus the 85th percentile for UTI Gold ETF Fund of Fund - 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, Nippon India Silver ETF FOF- or UTI Gold ETF Fund of Fund?
UTI Gold ETF Fund of Fund's direct-plan expense ratio is 0.15 percentage points lower than Nippon India 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 Nippon India Silver ETF FOF- and UTI 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, Nippon India Silver ETF FOF- or UTI Gold ETF Fund of Fund?
Nippon India Silver ETF FOF- has ₹3,991 Cr in assets under management, versus ₹1,511 Cr for UTI Gold 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, Nippon India Silver ETF FOF- or UTI Gold ETF Fund of Fund?
Nippon India Silver ETF FOF- launched on 2022-01-13, making it older than UTI Gold ETF Fund of Fund (launched 2022-10-10). 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.