Description
Kotak Mahindra AMC 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 AMC will now accept all fresh/additional lumpsum and switch-in transactions in the scheme. This follows an earlier addendum dated October 09, 2025 that had temporarily suspended subscriptions. The resumption is based on normalization of market conditions and reduction in premium levels.
Key Points
- Subscriptions resumed for Kotak Silver ETF Fund of Fund from October 23, 2025
- Fresh lumpsum, additional lumpsum, and switch-in transactions now accepted
- Decision follows normalization of market conditions and premium reduction
- Earlier addendum dated October 09, 2025 had suspended subscriptions
- All other terms and conditions of SID/KIM remain unchanged
- Notice dated October 20, 2025
Regulatory Changes
No regulatory changes. This is an operational update reversing a temporary suspension of subscriptions in the scheme.
Compliance Requirements
No new compliance requirements. The addendum forms an integral part of the Scheme Information Document (SID) and Key Information Memorandum (KIM) as amended from time to time.
Important Dates
- October 09, 2025: Date of earlier addendum suspending subscriptions
- October 20, 2025: Date of current notice
- October 23, 2025: Effective date for resumption of subscriptions
Impact Assessment
Market Impact: Minimal to none. This is a scheme-specific operational change affecting only investors interested in Kotak Silver ETF Fund of Fund.
Investor Impact: Positive for investors wanting exposure to silver through this fund of fund structure. Investors can now make fresh investments, additional investments, or switch-in from other schemes.
Operational Impact: Normal subscription operations restored after temporary suspension due to market conditions. The suspension was likely implemented to manage premium levels and protect investor interests during adverse market conditions.
Impact Justification
Operational notice for a specific mutual fund scheme resuming normal subscription operations after temporary suspension. Limited market-wide impact, affects only investors interested in this particular fund.