Description
BSE announces temporary suspension of subscription facility in SBI Silver ETF Fund of Fund scheme.
Summary
BSE has announced the temporary suspension of subscription facility in the SBI Silver ETF Fund of Fund scheme. This operational measure affects investors looking to subscribe to this specific fund of fund scheme.
Key Points
- Temporary suspension of subscription facility in SBI Silver ETF Fund of Fund
- The suspension is effective from the date mentioned in the circular
- Redemption facilities may continue to remain available
- This is a temporary measure and subscription facility will be restored once notified
Regulatory Changes
No regulatory changes. This is an operational suspension at the fund level.
Compliance Requirements
- Market participants and intermediaries should note the temporary suspension
- Investors should be informed that new subscriptions cannot be accepted during the suspension period
- Trading members and brokers should update their systems accordingly
Important Dates
- Effective Date: As mentioned in the circular (October 13, 2025)
- Restoration Date: To be notified separately by the fund house
Impact Assessment
Investor Impact: Investors wishing to subscribe to SBI Silver ETF Fund of Fund will not be able to do so during the suspension period. Existing investors can typically continue to hold or redeem their units.
Market Impact: Limited impact as this affects only one specific fund of fund scheme. Silver ETF markets and other fund of fund schemes remain unaffected.
Operational Impact: Fund houses and distributors need to temporarily halt accepting new subscription requests for this specific scheme.
Impact Justification
Temporary operational suspension affecting specific mutual fund scheme subscriptions; limited to SBI Silver ETF FoF investors