Description

Aditya Birla Sun Life Silver ETF FOF to resume accepting fresh subscriptions, additional purchases, and switch-in applications effective October 23, 2025, following favorable market conditions.

Summary

Aditya Birla Sun Life AMC Limited has announced the resumption of fresh subscriptions, additional purchases, and switch-in applications for the Aditya Birla Sun Life Silver ETF Fund of Fund effective Thursday, October 23, 2025. The decision follows changes in market conditions where silver is trading at a discount relative to international prices, leading to Silver ETFs trading at discounts on exchanges.

Key Points

  • Fresh subscriptions and additional purchases will be accepted from October 23, 2025
  • Switch-in applications will also be accepted from the effective date
  • The resumption is driven by silver trading at discount relative to international prices
  • Silver ETFs are currently trading at discounts on exchanges
  • The scheme is an open-ended fund of fund investing in units of Aditya Birla Sun Life Silver ETF
  • Changes will be incorporated in the Scheme Information Document (SID) and Key Information Memorandum (KIM)
  • All other features and terms of the SID and KIM remain unchanged

Regulatory Changes

No regulatory changes. This is an operational update modifying the acceptance policy for subscriptions in the fund based on market conditions.

Compliance Requirements

  • Aditya Birla Sun Life AMC Limited will update the SID and KIM to reflect the resumption of subscriptions
  • The addendum forms an integral part of the SID and KIM issued for the scheme
  • All scheme-related documents must be read carefully by investors as per standard mutual fund disclaimer

Important Dates

  • Effective Date: Thursday, October 23, 2025 - Resumption of fresh subscriptions, additional purchases, and switch-in applications
  • Notice Date: October 20, 2025
  • Addendum Number: 45/2025

Impact Assessment

Market Impact: Minimal. This affects only investors interested in the Aditya Birla Sun Life Silver ETF Fund of Fund scheme.

Investor Impact: Positive for investors seeking exposure to silver through this fund of fund route, as they can now make fresh investments and additional purchases.

Operational Impact: The fund will need to process incoming subscription requests and update marketing materials to reflect the acceptance of new investments.

Strategic Context: The resumption indicates improved market conditions with silver trading at attractive valuations relative to international prices, making it opportune for the fund to accept fresh capital.

Impact Justification

Administrative notice regarding resumption of subscriptions in a specific mutual fund scheme due to favorable market conditions. Limited impact confined to investors of this particular fund.