Description
BSE announces temporary suspension of subscription in SBI Silver ETF Fund of Fund.
Summary
BSE has announced a temporary suspension of subscription in SBI Silver ETF Fund of Fund. This operational measure prevents new subscriptions to the fund while the suspension is in effect.
Key Points
- Subscription in SBI Silver ETF Fund of Fund has been temporarily suspended
- The suspension is operational in nature
- Existing holdings are not affected by this suspension
- The measure applies specifically to new subscription requests
Regulatory Changes
No regulatory changes are introduced by this circular. This is an operational announcement regarding fund subscription status.
Compliance Requirements
- Market participants must ensure no new subscription orders are accepted for SBI Silver ETF Fund of Fund during the suspension period
- Trading members should inform clients about the temporary suspension
- Systems should be updated to reflect the suspension status
Important Dates
- Effective Date: October 13, 2025
- End Date: To be announced by SBI Mutual Fund
Impact Assessment
The temporary suspension affects investors who wish to subscribe to SBI Silver ETF Fund of Fund. Existing investors and their holdings remain unaffected. Redemptions, if permitted, may continue as per normal procedures. The suspension is likely related to fund management requirements or operational considerations by SBI Mutual Fund.
Impact Justification
Temporary operational change affecting SBI Silver ETF Fund of Fund subscriptions, impacting investors seeking exposure to silver through this fund structure