Description

HDFC Mutual Fund resumes all subscriptions in HDFC Silver ETF Fund of Fund without restrictions effective October 17, 2025, following a brief suspension announced on October 15, 2025.

Summary

HDFC Mutual Fund has announced the resumption of all subscriptions in HDFC Silver ETF Fund of Fund effective October 17, 2025. This follows an addendum dated October 15, 2025 that had placed restrictions on subscriptions. The decision to resume subscriptions was made in view of current market conditions, and all restrictions have been removed. All other terms and conditions of the scheme remain unchanged.

Key Points

  • All subscriptions in HDFC Silver ETF Fund of Fund are now open without any restrictions
  • The resumption is effective from October 17, 2025
  • Decision taken considering current market conditions
  • This supersedes the previous addendum dated October 15, 2025 which had imposed restrictions
  • 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

  • Investors should read all scheme related documents carefully before investing
  • Standard mutual fund risk disclosure applies: “Mutual fund investments are subject to market risks”
  • The addendum becomes part of the official SID/KIM documentation

Important Dates

  • October 15, 2025: Date of previous addendum restricting subscriptions
  • October 17, 2025: Effective date for resumption of all subscriptions without restrictions
  • October 17, 2025: Date of this addendum

Impact Assessment

Market Impact: Minimal. This is a scheme-specific operational update affecting only investors interested in HDFC Silver ETF Fund of Fund.

Investor Impact: Positive for investors who wish to subscribe to this fund. The removal of restrictions allows normal investment operations to resume, providing full access to the scheme for new and existing investors.

Operational Impact: The fund returns to normal subscription operations after a brief period of restrictions, indicating that the market conditions that prompted the temporary suspension have stabilized or improved sufficiently to allow unrestricted subscriptions.

Impact Justification

Operational update affecting a single mutual fund scheme with resumption of normal operations. Limited market-wide impact as this pertains to one specific fund's subscription status being restored to normal.