Description

BSE circular regarding the temporary suspension of subscription facility in SBI Silver ETF Fund of Fund.

Summary

BSE has issued a circular notifying market participants about the temporary suspension of subscription facility in SBI Silver ETF Fund of Fund. This suspension affects new subscriptions to the fund while redemption facilities remain operational.

Key Points

  • SBI Silver ETF Fund of Fund subscription facility has been temporarily suspended
  • The suspension is effective from the date mentioned in the circular
  • Redemption facility continues to remain operational for existing unitholders
  • This is a temporary measure and normal subscription operations are expected to resume later

Regulatory Changes

No regulatory framework changes. This is an operational notification regarding a specific fund product.

Compliance Requirements

  • Trading members and intermediaries should inform investors about the suspension
  • No new subscription orders should be accepted for SBI Silver ETF Fund of Fund during the suspension period
  • Existing unitholders can continue to redeem their holdings
  • Market participants should update their systems to reflect this temporary restriction

Important Dates

  • Effective Date: October 13, 2025 (or as specified in the detailed circular)
  • Duration: Temporary suspension until further notice

Impact Assessment

Market Impact: Limited - affects only one specific fund of fund product

Investor Impact: Moderate - investors looking to make fresh subscriptions to SBI Silver ETF Fund of Fund will need to wait until the suspension is lifted or consider alternative silver investment products

Operational Impact: Minimal - only affects subscription operations for this specific product; redemptions and other market operations continue normally

Alternative Options: Investors can consider direct SBI Silver ETF or other silver-themed investment products available in the market during this suspension period

Impact Justification

Temporary operational change affecting subscription facility for a specific ETF fund of fund product, impacting investors looking to make fresh subscriptions