Description
UTI AMC resumes acceptance of fresh and additional lumpsum investments in UTI Silver ETF Fund of Fund from October 27, 2025, after suspending subscriptions on October 13, 2025 due to market conditions.
Summary
UTI Asset Management Company Limited has decided to resume acceptance of all fresh/additional lumpsum and switch-in transactions in UTI Silver ETF Fund of Fund effective October 27, 2025. The scheme had suspended such subscriptions on October 13, 2025 due to market conditions including premium on physical silver and availability issues in the domestic market. With normalization of market conditions and reduction in premium on physical silver relative to international prices, the restrictions have been lifted.
Key Points
- Resumption of fresh and additional lumpsum investments in UTI Silver ETF Fund of Fund from October 27, 2025
- Switch-in transactions also resumed from the same date
- Previous suspension was implemented on October 13, 2025 via addendum dated October 10, 2025
- Daily transaction limit for new registrations under SIP, STP, SWP, Flexi STP removed from effective date
- Decision based on normalization of market conditions, improved physical silver availability, and reduced premium on domestic silver
- All other terms of Scheme Information Document (SID) and Key Information Memorandum (KIM) remain unchanged
Regulatory Changes
No regulatory changes. This is an operational decision by UTI AMC to modify investment acceptance terms for a specific mutual fund scheme.
Compliance Requirements
- UTI Financial Centres to inform investors about resumption of subscriptions
- Addendum forms integral part of the SID and KIM of the scheme
- Standard mutual fund risk disclosures apply: “MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY”
Important Dates
- October 10, 2025: Addendum issued suspending subscriptions
- October 13, 2025: Suspension of fresh/additional lumpsum investments became effective
- October 26, 2025: Notice-cum-Addendum No. 71/2025-26 issued announcing resumption
- October 27, 2025: Resumption of all subscription types effective date
Impact Assessment
Positive Impact on Investors: Existing and prospective investors in UTI Silver ETF Fund of Fund regain ability to make fresh investments and increase their holdings. Removal of daily transaction limits for SIP and other systematic plans provides operational flexibility.
Market Condition Indicator: The resumption signals normalization of domestic silver market conditions, with reduced premiums relative to international prices and improved physical silver availability.
Limited Broader Market Impact: This is scheme-specific and affects only investors interested in silver exposure through this particular fund of fund structure. No impact on broader equity or debt markets.
UTI AMC Operations: Demonstrates responsive fund management by the AMC in adjusting investment policies based on market conditions to protect existing investor interests while reopening opportunities when conditions normalize.
Impact Justification
Operational change affecting specific mutual fund scheme. Medium impact for existing and prospective investors in UTI Silver ETF FoF, but limited broader market significance. Indicates normalization of silver market conditions.