Description

ICICI Prudential resumes subscriptions in Silver ETF Fund of Fund through lump sum, switches, and fresh SIP/STP registrations effective October 28, 2025.

Summary

ICICI Prudential Asset Management Company has announced the resumption of subscriptions in the ICICI Prudential Silver ETF Fund of Fund effective October 28, 2025. The decision follows a previous suspension notice dated October 13, 2025, and has been made considering current market conditions. Investors can now subscribe through lump sum mode (including switches) and register fresh systematic investment transactions.

Key Points

  • Subscriptions resumed through lump sum mode including switches
  • Fresh registration of Systematic Investment Plan (SIP) allowed
  • Fresh registration of Systematic Transfer Plan (STP) as target scheme permitted
  • Effective date: October 28, 2025
  • Previous suspension notice dated October 13, 2025
  • Decision based on current market conditions assessment
  • All other provisions of SID and KIM remain unchanged

Regulatory Changes

No regulatory changes. This is an operational update to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of the fund.

Compliance Requirements

  • This Notice-cum-Addendum forms integral part of the SID and KIM
  • Fund house must update scheme documentation to reflect resumed subscription status
  • Investors and distributors should note the availability of all subscription modes

Important Dates

  • October 13, 2025: Previous notice date (subscription suspension)
  • October 27, 2025: Notice issuance date
  • October 28, 2025: Effective date for resumption of subscriptions

Impact Assessment

Market Impact: Minimal - affects only investors interested in ICICI Prudential Silver ETF Fund of Fund.

Operational Impact: Positive for investors as all investment modes (lump sum, switches, SIP, and STP) are now available after temporary suspension. This provides investors with flexibility to participate in silver-linked investments through the fund of fund structure based on their view of current market conditions.

Impact Justification

Routine operational announcement about resuming subscriptions in a specific mutual fund scheme after temporary suspension, affecting only investors in this particular fund