New 2026 Fund Category

Gold & Silver Fund of Fund: What It Is, Explained

Through 2026, several AMCs launched a new kind of passive fund that holds both gold and silver in one scheme. Here's what that actually means — and why Pyllar's daily Gold + Silver basket already gets you the same two-metal idea.

For most of the time gold mutual funds have existed in India, "precious metals" meant one metal: gold.

That's changed. Several AMCs rolled out combined Gold + Silver passive fund-of-fund schemes in 2026 — a single product that holds a mix of gold and silver ETF units instead of asking you to buy a gold fund and a silver fund separately.

What a Gold & Silver Fund of Fund Actually Is

It's a fund-of-fund: rather than buying physical metal, the scheme holds units of underlying gold ETFs and silver ETFs in a set allocation, and you buy units of that combined scheme. One purchase, two metals, in whatever ratio the fund has defined.

"The appeal is simple: instead of deciding how much gold and how much silver to hold separately, one fund does the mixing for you."

Why Combine Gold and Silver at All?

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Gold — the store of value

Gold's demand is overwhelmingly about holding value through uncertainty — a crisis hedge, a wealth-preservation asset, historically with low correlation to equities.

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Silver — value plus industry

Silver carries real industrial demand too — electronics, solar panels, EVs — on top of its role as an investment metal. That dual demand can make its price behave differently from gold alone.

Holding both is a way to diversify within precious metals, rather than putting the whole allocation behind one metal's specific demand drivers.

Where Pyllar's Basket Fits

Pyllar doesn't offer one packaged Gold+Silver fund-of-fund product. Instead, the basket gives you the same two-metal idea through two separate, dedicated daily SIP legs — a gold fund and a silver fund — that you fund independently, every day, from ₹54.

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You control the mix

Set your own gold and silver amounts — not a fixed ratio decided by a fund manager.

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Daily, not lump sum

A combined fund is still typically bought as a lump sum or monthly SIP. Pyllar's legs run daily, from ₹54 each.

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Two SEBI-regulated funds, one habit

Both legs are regulated mutual fund units, held in your own folio — the same regulatory category the combined funds sit in, just unbundled.

You don't need to wait for a single packaged product to get a two-metal portfolio. Two daily SIPs, run side by side, do the same job — with you deciding the mix.

How to Start a Gold + Silver Daily SIP on Pyllar

1

Download Pyllar and verify your ID

Free, 2 minutes, done once — a regulatory requirement for all mutual fund investments in India.

2

Set a daily Gold SIP and a daily Silver SIP

Start each from ₹54/day. Choose your own split — more gold, more silver, or an even mix.

3

Watch both grow in grams

Track your gold and silver holdings separately, in physical gram weight, every day.

Build your own Gold + Silver basket

Two daily SIPs. Your own mix. From ₹54/day each.

Download Pyllar — Free on Play Store

Start with just ₹54/day.

Frequently Asked Questions

What is a Gold and Silver Fund of Fund?
It's a mutual fund that invests in both gold and silver within a single scheme, usually by holding units of underlying gold and silver ETFs in a set allocation. Several Indian AMCs launched passive funds in this category through 2026, aiming to give investors combined precious-metal exposure in one purchase instead of buying gold and silver funds separately.
Why combine gold and silver instead of just holding gold?
Gold and silver tend to respond to overlapping but not identical forces. Gold is primarily a store of value and crisis hedge; silver has meaningful industrial demand (electronics, solar panels, EVs) alongside its investment demand, which can make its price behavior less correlated with gold alone. Holding both is a way to diversify within precious metals, rather than concentrating in just one.
Does Pyllar offer a combined Gold and Silver fund?
Pyllar's basket gives you gold and silver exposure through two separate, dedicated SIP legs — a gold fund and a silver fund — rather than one packaged combined product. The two-metal idea is the same; the mechanism is a daily SIP into each, which you can also weight however you prefer, instead of a fixed allocation set by a single fund.
Is a Gold and Silver fund of fund a good investment?
Like any precious-metals fund, returns are market-linked and not guaranteed — past performance, including any recent strong returns in this fund category, is not indicative of future returns. Whether it suits you depends on your goals, time horizon, and how much of your portfolio you want in precious metals generally.

Continue reading

🥇 What is a Gold SIP? 🥈 Silver SIP — save in silver 🛡️ Gold & silver in a crisis 🪔 Dhanteras gold & silver guide 🛡️ Is digital gold safe?

Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Past performance is not indicative of future returns. References to Gold and Silver Fund of Fund category performance reflect publicly reported figures for that fund category generally, not Pyllar's own product returns. Pyllar's Gold and Silver SIP legs invest in separate, dedicated single-metal mutual fund schemes. Please read all scheme-related documents carefully before investing.

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Written by the Pyllar Team

Pyllar (also known as Pyllar Money) is an AMFI registered mutual fund distributor (ARN 341847) built for everyday earners across Bharat.

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