ICICI Prudential Silver ETF FOF Fund

ICICI Prudential Silver ETF FOF Fund is a hybrid fund. This fund was started on 1 February, 2022. The fund is managed by Venus Ahuja, Nishit Patel, Ashwini Shinde, Manish Banthia. This fund gives you the benefit of diversification.

1. ICICI Prudential Silver ETF FOF Fund has ₹4012 Cr worth of assets under management (AUM) as on Jan 2026 and is more than category average.
2. The fund has an expense ratio 0.5.
   

ICICI Prudential Silver ETF FOF Fund has given a CAGR return of 39.43% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 151.85% and 50.38% respectively.

ICICI Prudential Silver ETF FOF Fund has allocated its funds majorly in Cash Equivalent.

As it is a sector - precious metals mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

ICICI Prudential Silver ETF Fund of Fund (the Scheme) is a fund of fund scheme with the primary objective to generate returns by investing in units of ICICI Prudential Silver ETF. However, there is no assurance or guarantee that the scheme will achieve its investment objective.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. ICICI Prudential Silver ETF FOF Fund has no lock in period.