Description

Withdrawal of temporary suspension of subscriptions to units in Axis Silver Fund of Fund, effective October 20, 2025.

Summary

Axis Asset Management Company Limited has withdrawn the temporary suspension of subscriptions to units in Axis Silver Fund of Fund. All applications for lumpsum and switch-ins under the scheme will be accepted effective October 20, 2025. This follows Notice no. 71 dated October 13, 2025, which had imposed the temporary suspension.

Key Points

  • Temporary suspension of subscriptions to Axis Silver Fund of Fund is being withdrawn
  • Lumpsum and switch-in applications will be resumed from October 20, 2025
  • All other terms and conditions of the Scheme Information Document (SID) and Key Information Memorandum (KIM) remain unchanged
  • Notice issued by Axis Asset Management Company Limited (CIN: U65991MH2009PLC189558)
  • Issued by Gop Kumar Bhaskaran, Managing Director & Chief Executive Officer

Regulatory Changes

No regulatory changes. This is an operational notice reversing a previously imposed temporary subscription suspension.

Compliance Requirements

  • Investors can now submit subscription applications for Axis Silver Fund of Fund
  • All applications for lumpsum and switch-ins will be processed as per normal scheme terms
  • This notice cum addendum forms an integral part of the SID & KIM of the scheme

Important Dates

  • October 13, 2025: Date of Notice no. 71 imposing temporary suspension
  • October 17, 2025: Date of current notice (Notice no. 74/2025-26)
  • October 20, 2025: Effective date for resumption of subscriptions (lumpsum and switch-ins)

Impact Assessment

Market Impact: Minimal. This affects only investors interested in Axis Silver Fund of Fund, a niche commodity-focused fund of fund scheme.

Operational Impact: Positive for potential investors who were waiting to invest in this scheme during the suspension period. Normal subscription operations resume.

Investor Impact: Investors can now make fresh investments or switch into this silver-themed fund of fund scheme, providing access to silver as an asset class through mutual fund route.

Impact Justification

Operational notice regarding resumption of subscriptions for a single mutual fund scheme with limited market-wide impact