Description
Kotak Mahindra Asset Management Company resumes acceptance of fresh/additional lumpsum/switch-in transactions in Kotak Silver ETF Fund of Fund effective October 23, 2025, following normalization of market conditions and reduction in premium.
Summary
Kotak Mahindra Asset Management Company Limited has announced the resumption of subscriptions in Kotak Silver ETF Fund of Fund effective October 23, 2025. The decision follows normalization of market conditions and reduction in premium after subscriptions were previously suspended via addendum dated October 09, 2025. Fresh/additional lumpsum and switch-in transactions will now be accepted.
Key Points
- Subscriptions resumed effective October 23, 2025
- Applies to fresh/additional lumpsum transactions and switch-in transactions
- Previous suspension was announced via addendum dated October 09, 2025
- Resumption triggered by normalization of market conditions and reduction in premium
- All other terms and conditions of the Scheme Information Document (SID) and Key Information Memorandum (KIM) remain unchanged
- This addendum forms an integral part of the SID and KIM
Regulatory Changes
No regulatory changes. This is an operational update regarding the resumption of subscription activities for a specific mutual fund scheme.
Compliance Requirements
No new compliance requirements. Investors can now submit fresh/additional lumpsum/switch-in transactions in Kotak Silver ETF Fund of Fund following standard procedures outlined in the SID and KIM.
Important Dates
- October 09, 2025: Date of earlier addendum suspending subscriptions
- October 20, 2025: Date of notice issuance
- October 23, 2025: Effective date for resumption of subscriptions
Impact Assessment
Market Impact: Minimal. This affects only investors interested in Kotak Silver ETF Fund of Fund.
Operational Impact: Positive for existing and prospective investors who can now make fresh investments or additional purchases in the scheme. The resumption indicates improved market conditions and reduced premium levels in the underlying silver ETF, making the fund of fund more attractive for subscriptions.
Investor Impact: Investors who were unable to invest during the suspension period can now resume their investment activities in this scheme.
Impact Justification
Routine operational update for a specific mutual fund scheme resuming subscriptions after temporary suspension; affects only investors in this particular fund of fund scheme