Description

Groww Asset Management Limited has decided to resume subscriptions in Groww Silver ETF FOF effective October 24, 2025, following normalization of bullion market conditions and reduction in premium.

Summary

Groww Asset Management Limited (GAML) has announced the resumption of subscriptions in Groww Silver ETF FOF (Fund of Fund), an open-ended fund of fund scheme investing in units of Groww Silver ETF. This follows an earlier addendum dated October 13, 2025 that had temporarily suspended subscriptions. The resumption is attributed to normalization of bullion market conditions and reduction in premium levels.

Key Points

  • Fresh subscriptions, additional purchases, and switch-in applications will be accepted from October 24, 2025
  • The scheme is an open-ended fund of fund investing in units of Groww Silver ETF
  • Previous suspension was implemented via addendum dated October 13, 2025
  • Resumption is based on normalization of bullion market conditions and premium reduction
  • All other terms and conditions of the Scheme Information Document (SID) and Key Information Memorandum (KIM) remain unchanged
  • Investment Manager: Groww Asset Management Ltd. (CIN: U65991KA2008PLC180894)

Regulatory Changes

No regulatory changes. This is an operational notice regarding the resumption of normal subscription activities after a temporary suspension.

Compliance Requirements

  • The notice-cum-addendum forms an integral part of the SID and KIM
  • Relevant changes will be carried out in the SID and KIM of the Scheme
  • Investors are encouraged to register/update their email ID and mobile number to support paperless communications under the Go Green Initiative

Important Dates

  • October 13, 2025: Date of earlier addendum (suspension notice)
  • October 23, 2025: Date of current notice
  • October 24, 2025: Effective date for resumption of subscriptions, additional purchases, and switch-in applications

Impact Assessment

This notice has limited market-wide impact and is primarily relevant to existing and potential investors in Groww Silver ETF FOF. The resumption indicates stabilization in the silver bullion market and normalization of premium levels. Investors who were unable to make fresh investments or additional purchases during the suspension period can now resume these activities. The decision reflects improved market conditions in the precious metals segment, specifically silver ETF trading.

Impact Justification

Operational notice regarding resumption of normal subscription operations for a single mutual fund scheme after temporary suspension. Limited market-wide impact, relevant primarily to investors of this specific fund.