Description

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

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 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 permitted from the effective date
  • The scheme is an open-ended fund of fund investing in units of Aditya Birla Sun Life Silver ETF
  • Decision driven by favorable market conditions with silver trading at discount to international prices
  • Silver ETFs are currently trading at discounts on exchanges
  • Changes will be incorporated in the Scheme Information Document (SID) and Key Information Memorandum (KIM)

Regulatory Changes

This is Addendum No. 45/2025 to the SID and KIM of the scheme. The addendum modifies the subscription acceptance policy while all other features and terms & conditions remain unchanged.

Compliance Requirements

  • Investors can submit fresh subscription applications for the fund starting October 23, 2025
  • Additional purchases in existing holdings are permitted from the effective date
  • Switch-in applications from other schemes are allowed from the effective date
  • All scheme-related documents must be read carefully before investing

Important Dates

  • Effective Date: Thursday, October 23, 2025 - Resumption of fresh subscriptions, additional purchases, and switch-in applications
  • Notice Date: October 20, 2025 - Date of official notification

Impact Assessment

This notice has limited market impact as it relates to operational changes for a specific mutual fund scheme. The resumption of subscriptions provides investment opportunities for investors seeking exposure to silver through a fund of fund structure. The decision reflects management’s view that current market conditions (with silver trading at discounts) present favorable entry points for investors. No impact on individual stock prices or broader market operations.

Impact Justification

Administrative notice regarding resumption of subscriptions in a specific mutual fund scheme due to favorable market conditions; limited broader market impact