Description
BSE announces temporary suspension of subscription facility in SBI Silver ETF Fund of Fund scheme.
Summary
BSE has issued a circular regarding the temporary suspension of subscription facility in SBI Silver ETF Fund of Fund. This measure is being implemented as per the fund house’s decision and will affect new subscriptions to the scheme. Existing unit holders can continue to hold their investments and redemptions remain available.
Key Points
- Temporary suspension of subscription facility in SBI Silver ETF Fund of Fund
- Existing unit holders are not affected and can continue holding their investments
- Redemption facility remains available for existing investors
- New subscriptions to the scheme are temporarily suspended
- This is similar to suspension measures for other silver ETF fund of funds
Regulatory Changes
No regulatory changes. This is an operational measure by the fund house implemented through BSE.
Compliance Requirements
- Fund houses must notify investors about subscription suspension
- BSE members and market participants to be informed of the suspension
- Alternative investment options in silver ETFs may be considered by investors
Important Dates
- Effective Date: October 13, 2025
- Resumption date to be announced by the fund house at a later date
Impact Assessment
The temporary suspension affects only new subscriptions to the SBI Silver ETF Fund of Fund. Investors seeking exposure to silver through this specific fund of fund scheme will need to wait for the subscription window to reopen or consider alternative silver investment products. Existing investors can continue to hold their units and redeem if needed. This type of suspension is typically implemented when the fund house needs to manage the scheme size or due to operational considerations.
Impact Justification
Affects investors looking to subscribe to SBI Silver ETF FoF; existing investors can continue to hold and redeem units