Description
Axis Mutual Fund withdraws 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Axis Asset Management Company Limited has withdrawn the temporary suspension of subscriptions to units in Axis Silver Fund of Fund.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 lumpsum and switch-in applications under the scheme will be accepted effective October 20, 2025. This follows the earlier suspension notice dated October 13, 2025 (Notice no. 71).
Key Points
- Temporary suspension of subscriptions is being withdrawn
- Resumption effective from October 20, 2025
- Applies to both lumpsum investments and switch-in transactions
- All other terms and conditions of the SID and KIM remain unchanged
- Notice forms integral part of the Scheme Information Document and Key Information Memorandum
Regulatory Changes
No regulatory changes. This is an operational update reversing a previous temporary suspension.
Compliance Requirements
- Investors can resume making lumpsum investments and switch-ins to Axis Silver Fund of Fund
- Fund distributors and platforms should update their systems to accept subscriptions for this scheme
- All scheme-related documents must be read carefully before investing
Important Dates
- October 13, 2025: Original suspension notice (Notice no. 71) issued
- October 17, 2025: Date of current notice withdrawing suspension
- October 20, 2025: Effective date for resumption of subscriptions
Impact Assessment
Limited market impact as this affects only a specific mutual fund scheme. Investors who were waiting to invest in Axis Silver Fund of Fund can now resume their investment activities. The suspension period was brief (October 13-20, 2025), minimizing disruption to investors. No impact on equity markets or listed securities.
Impact Justification
Routine operational update for a specific mutual fund scheme resuming normal operations after temporary suspension