Description

Aditya Birla Sun Life Silver ETF FOF resumes accepting fresh subscriptions, additional purchases and switch-in applications effective October 23, 2025 after temporary suspension due to market discount conditions.

Summary

Aditya Birla Sun Life AMC Limited has announced the resumption of fresh subscriptions, additional purchases, and switch-in applications in the Aditya Birla Sun Life Silver ETF Fund of Fund effective Thursday, October 23, 2025. The resumption follows changes in market conditions where silver prices returned to more favorable levels relative to international prices, resolving the discount situation that had led to the temporary suspension.

Key Points

  • Fresh subscriptions and additional purchases in Aditya Birla Sun Life Silver ETF FOF will be accepted from October 23, 2025
  • Switch-in applications will also be accepted from the effective date
  • The scheme is an open-ended fund of fund investing in units of Aditya Birla Sun Life Silver ETF
  • Subscriptions were previously suspended due to silver trading at discount relative to international prices
  • Market conditions have now changed, prompting the resumption
  • SID and KIM of the scheme will be updated to reflect these changes
  • All other features and terms remain unchanged

Regulatory Changes

No regulatory changes. This is an operational update to scheme operations based on market conditions.

Compliance Requirements

  • Aditya Birla Sun Life AMC Limited will update the Scheme Information Document (SID) and Key Information Memorandum (KIM) to reflect the resumption of subscriptions
  • The notice-cum-addendum (Addendum No. 45/2025) forms an integral part of the SID and KIM
  • Standard mutual fund disclosure: “Mutual Fund investments are subject to market risks, read all scheme related documents carefully”

Important Dates

  • October 20, 2025: Notice date
  • October 23, 2025 (Thursday): Effective date for resumption of fresh subscriptions, additional purchases and switch-in applications

Impact Assessment

This circular has minimal market impact as it affects only a single mutual fund scheme. The resumption is positive for investors seeking exposure to silver through the fund of fund route, as they can now make fresh investments in the scheme. The change indicates that market conditions for silver ETFs have normalized with discounts on exchanges being resolved. This is a routine operational update with no broader implications for market participants outside of investors specifically interested in this silver-focused mutual fund product.

Impact Justification

Routine resumption of subscriptions in a single mutual fund scheme after temporary suspension. Limited market impact affecting only investors interested in this specific silver ETF fund of fund.