Kotak Multi Asset Omni FOF vs Kotak Silver ETF Fund of Fund
Direct Plan, Growth option · Data as on 29-10-2026
Kotak Multi Asset Omni FOF is a Fund of Funds fund and Kotak Silver ETF Fund of Fund is a Fund of Funds fund. In the 3 years to 30-10-2026, Kotak Multi Asset Omni FOF (Direct) returned 13.7% a year and Kotak Silver ETF Fund of Fund (Direct) returned 34.7% a year. Kotak Multi Asset Omni FOF charges 0.45% a year and Kotak Silver ETF Fund of Fund 0.28% (Direct plans). Their portfolios overlap 10.1%: they hold 1 of the same security.
Kotak Multi Asset Omni FOF
Fund of Funds
- 3 year return
- 13.7%
- Expense ratio
- 0.45%
- NAV
- ₹264.34
Kotak Silver ETF Fund of Fund
Fund of Funds
- 3 year return
- 34.7%
- Expense ratio
- 0.28%
- NAV
- ₹24.28
Which is better, Kotak Multi Asset Omni FOF or Kotak Silver ETF Fund of? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Silver ETF Fund of returned more over 3 years: 34.7% a year against 13.7%.
- Kotak Silver ETF Fund of returned more over 1 year: 23.5% against −2.1%.
- Kotak Silver ETF Fund of costs less: 0.28% a year against 0.45% (Direct plans).
- Kotak Multi Asset Omni FOF swung less over 3 years: a standard deviation of 11.5% a year against 39.9%.
- Kotak Multi Asset Omni FOF fell less in its worst fall since 11-04-2023: −15.3% against −50.6%.
- Kotak Multi Asset Omni FOF is the larger fund: ₹2,576 Cr against ₹965 Cr.
- Their portfolios overlap 10.1%: 1 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Kotak Multi Asset Omni FOF | Kotak Silver ETF Fund of Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Fund of Funds | Fund of Funds |
| AUM | ₹2,576 Cr (30-09-2026) | ₹965 Cr (30-09-2026) |
| NAV | ₹264.34 (Direct) | ₹24.28 (Direct) |
| Expense ratio (Direct) | 0.45% | 0.28% |
| Expense ratio (Regular) | 1.16% | 0.65% |
| Riskometer | Very High | Very High |
| Benchmark | 55% Nifty 50 TRI + 30 % Nifty Short Duration Debt Index + 7.5% Domestic Price of Gold + 7.5% Domestic Price of Silver | Domestic Prices of physical Silver |
| Launch date | 05-08-2004 | 31-03-2023 |
| Minimum investment | ₹100 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Devender Singhal, Abhishek Bisen | Abhishek Bisen, Jeetu Valechha Sonar |
| Exit load | Exit load for units in excess of 8% of the investment,1% will be charged for redemption within 365 days | Exit load of 0.5%, if redeemed within 30 days. |
Kotak Multi Asset Omni FOF vs Kotak Silver ETF Fund of: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Kotak Multi Asset Omni FOF (Direct) | −3.31% | −4.19% | −2.95% | −2.09% | +13.71% | +13.47% | +14.57% |
| Kotak Silver ETF Fund of Fund (Direct) | −17.11% | −15.76% | −23.47% | +23.53% | +34.69% | -- | -- |
Kotak Multi Asset Omni FOF vs Kotak Silver ETF Fund of: Year-wise Returns
| Year | Multi Asset Omni FOFKotak Multi Asset Omni FOF | Silver ETF Fund ofKotak Silver ETF Fund of |
|---|---|---|
| 2026to date | −4.18% | −19.81% |
| 2025 | +16.15% | +157.30% |
| 2024 | +19.82% | +15.69% |
| 2023 | +24.34% | -- |
| 2022 | +12.24% | -- |
| 2021 | +25.98% | -- |
Kotak Multi Asset Omni FOF vs Kotak Silver ETF Fund of: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 137 of them, one for each trading day from 13-04-2026 to 29-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Kotak Multi Asset Omni FOF (Direct)
Kotak Silver ETF Fund of Fund (Direct)
to
Apr 2026Jun 2023
to
Jun 2026Jul 2023
to
Jul 2026Aug 2023
to
Aug 2026Sept 2023
to
Sept 2026Oct 2023
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Kotak Multi Asset Omni FOF | 0.0 | 0.0 | 0.0 | 19.0 | 81.0 | 0.0 | 0.0 | 16.4% | 16.5% | 12.9% | 20.0% |
| Kotak Silver ETF Fund of | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 100.0 | 45.5% | 45.4% | 34.7% | 55.3% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 11-04-2023. Past returns do not promise future returns.
Kotak Multi Asset Omni FOF vs Kotak Silver ETF Fund of: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 03-04-2023 to 29-10-2026: 43 instalments, ₹4,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak Multi Asset Omni FOFKotak Multi Asset Omni FOF (Direct) | ₹4,30,000 | ₹5,03,098 | ₹73,098 | 8.8% |
| Kotak Silver ETF Fund ofKotak Silver ETF Fund of Fund (Direct) | ₹4,30,000 | ₹7,50,457 | ₹3,20,457 | 32.6% |
Kotak Multi Asset Omni FOFKotak Multi Asset Omni FOF (Direct)
Kotak Silver ETF Fund ofKotak Silver ETF Fund of Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Kotak Multi Asset Omni FOF vs Kotak Silver ETF Fund of: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Multi Asset Omni FOF (Direct) | Kotak Silver ETF Fund of Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.09% | +23.53% |
| Standard deviation | 15.52% | 60.06% |
| Sharpe ratio | -0.47 | 0.30 |
| Sortino ratio | -0.61 | 0.40 |
| Maximum drawdown | −15.3% (23-03-2026) | −50.6% (30-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2025 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Kotak Multi Asset Omni FOF (Direct) | Kotak Silver ETF Fund of Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.71% | +34.69% |
| Standard deviation | 11.54% | 39.89% |
| Sharpe ratio | 0.67 | 0.72 |
| Sortino ratio | 0.89 | 0.98 |
| Maximum drawdown | −15.3% (23-03-2026) | −50.6% (30-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 27-10-2023 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Kotak Multi Asset Omni FOF (Direct) | Kotak Silver ETF Fund of Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.78% | +26.87% |
| Standard deviation | 10.17% | 37.35% |
| Sharpe ratio | 0.86 | 0.56 |
| Sortino ratio | 1.17 | 0.76 |
| Maximum drawdown | −22.8% (23-03-2020) | −50.6% (30-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 09-01-2013 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Kotak Multi Asset Omni FOF (Direct)
Kotak Silver ETF Fund of Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Multi Asset Omni FOF (Direct) | −15.3% | 29-01-2026 | 23-03-2026 | Not yet | -- | −11.4% |
| Kotak Silver ETF Fund of Fund (Direct) | −50.6% | 29-01-2026 | 30-10-2026 | Not yet | -- | −50.6% |
From daily values since 11-04-2023, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Multi Asset Omni FOF (Direct)
Kotak Silver ETF Fund of Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Multi Asset Omni FOF (Direct)
Kotak Silver ETF Fund of Fund (Direct)
Kotak Multi Asset Omni FOF vs Kotak Silver ETF Fund of: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Multi Asset Omni FOF, September 2026; Kotak Silver ETF Fund of Fund, September 2026
Holdings in common
- Overlap
- 10.1%
- Held by both
- 1
- Only in Kotak Multi Asset Omni FOF
- 13
- Only in Kotak Silver ETF Fund of
- 0
| Security | % of Kotak Multi Asset Omni FOF | % of Kotak Silver ETF Fund of |
|---|---|---|
| KOTAK MUTUAL FUND - KOTAK SILVER ETF | 10.05% | 99.13% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 10.1% means 10.1% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Kotak Multi Asset Omni FOF
| Security | % of fund |
|---|---|
| Kotak Special Opportunities Fund-DG | 13.08% |
| KOTAK PSU BANK ETF | 10.95% |
| Kotak Infrastructure & Economic Reform Fund Direct Growth | 9.09% |
| KOTAK MUTUAL FUND - KOTAK GOLD ETF | 8.37% |
| Kotak Consumption Fund Growth | 8.11% |
Largest holdings only in Kotak Silver ETF Fund of Fund
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Multi Asset Omni FOF | Kotak Silver ETF Fund of |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 100.0% | 100.0% |
Kotak Multi Asset Omni FOF vs Kotak Silver ETF Fund of: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Multi Asset Omni FOF | Kotak Silver ETF Fund of Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.45% | 0.28% |
| Base expense ratio (Direct) | 0.37% | 0.23% |
| Total expense ratio (Regular) | 1.16% | 0.65% |
| Base expense ratio (Regular) | 0.97% | 0.55% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Kotak Multi Asset Omni FOF vs Kotak Silver ETF Fund of Fund: Frequently Asked Questions
What is the difference between Kotak Multi Asset Omni FOF and Kotak Silver ETF Fund of Fund?
Kotak Multi Asset Omni FOF is a Fund of Funds fund, Kotak Silver ETF Fund of Fund is a Fund of Funds fund, run by Kotak Mahindra Mutual Fund. Their portfolios overlap 10.1%. Kotak Multi Asset Omni FOF charges 0.45% a year and Kotak Silver ETF Fund of Fund 0.28%.
Which has given higher returns, Kotak Multi Asset Omni FOF or Kotak Silver ETF Fund of Fund?
Over 1 year: Kotak Multi Asset Omni FOF −2.09%, Kotak Silver ETF Fund of Fund +23.53%. Over 3 years: Kotak Multi Asset Omni FOF +13.71% a year, Kotak Silver ETF Fund of Fund +34.69% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Multi Asset Omni FOF or Kotak Silver ETF Fund of Fund?
Kotak Silver ETF Fund of Fund charges less: 0.28% a year against 0.45%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak Multi Asset Omni FOF and Kotak Silver ETF Fund of Fund overlap?
10.1%. They hold 1 of the same securities, the largest shared ones being SILVER1. From each fund's latest monthly portfolio.
Which is riskier, Kotak Multi Asset Omni FOF or Kotak Silver ETF Fund of Fund?
On SEBI's riskometer, Kotak Multi Asset Omni FOF is rated Very High and Kotak Silver ETF Fund of Fund Very High. Over 3 years, the standard deviation of daily returns was 11.54% and 39.89% a year.
Which is better for SIP, Kotak Multi Asset Omni FOF or Kotak Silver ETF Fund of Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 29-10-2026 grew to ₹4,10,368 in Kotak Multi Asset Omni FOF (XIRR 6.7% a year) and ₹6,07,141 in Kotak Silver ETF Fund of Fund (XIRR 34.0% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Kotak Multi Asset Omni FOF and Kotak Silver ETF Fund of Fund?
Yes. 10.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Kotak Multi Asset Omni FOF and Kotak Silver ETF Fund of Fund?
Kotak Multi Asset Omni FOF: Devender Singhal, Abhishek Bisen. Kotak Silver ETF Fund of Fund: Abhishek Bisen, Jeetu Valechha Sonar.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.