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Tata Multi Sector Passive FOF Direct Plan Growth Option vs Zerodha Silver ETF FoF - Direct Growth
Tata Multi Sector Passive FOF and Zerodha Silver ETF FoF are both in the FoF Domestic category, from Tata Asset Management Limited and Zerodha Asset Management Private Limited respectively. Zerodha Silver ETF FoF has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Zerodha Silver ETF FoF has the lower direct-plan expense ratio, by 0.14 percentage points.
| Tata Multi Sector Passive FOF Direct Plan Growth Option | Zerodha Silver ETF FoF - Direct Growth | |
|---|---|---|
| Category | FoF Domestic | FoF Domestic |
| AMC | Tata Asset Management Limited | Zerodha Asset Management Private Limited |
| Benchmark | Nifty 500 TRI | Domestic Silver Price (SILVERBEES) |
| NAV | ₹9.3129 (2026-10-28) | ₹17.4683 (2026-10-28) |
| AUM | - | ₹209.12 Cr |
| Expense Ratio (Direct) | 0.35% | 0.21% |
| Inception | 2026-06-22 | 2025-06-23 |
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
Tata Multi Sector Passive FOF and Zerodha Silver ETF FoF carry the same Punji Quality grade.
Frequently asked questions
Which has a lower expense ratio, Tata Multi Sector Passive FOF or Zerodha Silver ETF FoF?
Zerodha Silver ETF FoF's direct-plan expense ratio is 0.14 percentage points lower than Tata Multi Sector Passive 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 Tata Multi Sector 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 fund has a longer track record, Tata Multi Sector Passive FOF or Zerodha Silver ETF FoF?
Zerodha Silver ETF FoF launched on 2025-06-23, making it older than Tata Multi Sector Passive FOF (launched 2026-06-22). 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.