Description

HDFC Mutual Fund resumes all subscriptions in HDFC Silver ETF Fund of Fund without any restrictions effective October 17, 2025.

Summary

HDFC Mutual Fund has announced the resumption of all subscriptions in HDFC Silver ETF Fund of Fund without any restrictions, effective October 17, 2025. This follows a previous addendum dated October 15, 2025 that had temporarily restricted subscriptions. The decision to resume subscriptions was made in view of current market conditions.

Key Points

  • All subscriptions in HDFC Silver ETF Fund of Fund are now open without restrictions
  • Effective date: October 17, 2025
  • Decision made based on current market conditions
  • All other terms and conditions of the scheme remain unchanged
  • This addendum forms an integral part of the Scheme Information Document (SID) and Key Information Memorandum (KIM)

Regulatory Changes

No regulatory changes. This is an operational update to the scheme’s subscription policy.

Compliance Requirements

  • The addendum becomes part of the SID/KIM of HDFC Silver ETF Fund of Fund
  • Investors should read all scheme related documents carefully
  • Standard disclaimer applies: Mutual fund investments are subject to market risks

Important Dates

  • October 15, 2025: Previous addendum date (restricting subscriptions)
  • October 17, 2025: Effective date for resumption of subscriptions without restrictions
  • October 17, 2025: Addendum date

Impact Assessment

This circular has minimal market impact as it relates to a single mutual fund scheme’s operational status. The resumption of subscriptions indicates normalization of market conditions for silver investments. Investors interested in silver exposure through this fund of fund can now subscribe without restrictions. The change affects only investors specifically interested in HDFC Silver ETF Fund of Fund and does not impact broader market operations or other securities.

Impact Justification

Routine operational update resuming normal subscription activity for a specific mutual fund scheme after temporary restrictions