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.
Summary
Kotak Mahindra Asset Management Company Limited (KMAMC) has announced the resumption of subscriptions in Kotak Silver ETF Fund of Fund effective October 23, 2025. The resumption follows an earlier addendum dated October 09, 2025 that had temporarily suspended subscriptions. The decision to resume operations is based on normalization of market conditions and reduction in premium levels.
Key Points
- Subscriptions were previously suspended via addendum dated October 09, 2025
- Resumption effective from October 23, 2025
- All fresh/additional lumpsum transactions will be accepted
- All switch-in transactions will be accepted
- Decision based on 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 fund subscription status.
Compliance Requirements
- Investors can resume making fresh/additional investments in the scheme
- All existing scheme documentation (SID/KIM) remains valid with this addendum incorporated
- Investment manager: Kotak Mahindra Asset Management Company Limited (CIN: U65991MH1994PLC080009)
Important Dates
- October 09, 2025: Date of earlier addendum that suspended subscriptions
- October 20, 2025: Notice date
- October 23, 2025: Effective date for resumption of subscriptions
Impact Assessment
Market Impact: Minimal. This affects only investors in Kotak Silver ETF Fund of Fund and represents a return to normal operations.
Operational Impact: Positive for existing and potential investors as it restores full transaction capabilities in the fund. The resumption indicates stabilization of underlying market conditions and premium levels.
Investor Impact: Low. Investors can now resume regular investment activities including lumpsum investments and switch-in transactions. The temporary suspension was a precautionary measure during elevated premium conditions.
Contact Information: Queries can be directed to Kotak Mahindra AMC at 18003091490 / 044-40229101 or mutual@kotak.com
Impact Justification
Routine operational update affecting a single mutual fund scheme with limited market-wide impact. Resumption of normal operations following temporary suspension.