Description
Groww Asset Management Limited announces the resumption of 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. Fresh subscriptions, additional purchases, and switch-in applications will be accepted from October 24, 2025, following the normalization of bullion market conditions and reduction in premium. This reverses the earlier suspension announced on October 13, 2025.
Key Points
- Subscriptions in Groww Silver ETF FOF to resume effective October 24, 2025
- Decision made following normalization of bullion market conditions and reduction in premium
- Applies to fresh subscriptions, additional purchases, and switch-in applications
- Scheme is an open-ended fund of fund investing in Groww Silver ETF units
- Notice cum addendum no. 35/2025-2026 issued by Groww Asset Management Limited
- All other features and terms of the Scheme Information Document (SID) and Key Information Memorandum (KIM) remain unchanged
Regulatory Changes
No regulatory changes. This is an operational update reversing a temporary suspension of subscriptions that was implemented on October 13, 2025.
Compliance Requirements
- Investors are encouraged to register/update their email ID and mobile number to support paperless communications under the Go Green Initiative
- Standard mutual fund disclosure: “MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY”
Important Dates
- October 13, 2025: Date of earlier addendum suspending subscriptions
- October 23, 2025: Date of this notice announcing resumption
- October 24, 2025: Effective date for resumption of subscriptions, additional purchases, and switch-in applications
Impact Assessment
Market Impact: Minimal. This notice affects only investors interested in the Groww Silver ETF FOF scheme and has no broader market implications.
Operational Impact: Positive for existing and potential investors in this specific scheme who can now resume making fresh subscriptions and additional purchases. The resumption indicates stabilization of bullion market conditions and normalization of premium levels.
Investor Impact: Investors who were waiting to invest or add to their holdings in Groww Silver ETF FOF can now proceed with their investment plans. The scheme provides exposure to silver through a fund of fund structure.
Impact Justification
Routine operational notice regarding resumption of subscriptions in a single mutual fund scheme after temporary suspension due to market conditions. Limited market-wide impact.