Description

ICICI Prudential Asset Management 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. This follows an earlier suspension notice dated October 13, 2025. The decision to resume was made considering current market conditions. Investors can now subscribe through lump sum mode (including switches) and register fresh Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP) transactions.

Key Points

  • Subscriptions previously suspended via notice dated October 13, 2025
  • Resumption effective from October 28, 2025
  • Lump sum subscriptions now allowed (including switches)
  • Fresh SIP and STP registrations permitted as target scheme
  • Decision based on current market conditions
  • All other provisions of SID and KIM remain unchanged

Regulatory Changes

No regulatory changes introduced. This is an operational modification to subscription availability for the scheme.

Compliance Requirements

  • Asset Management Company to update Scheme Information Document (SID) and Key Information Memorandum (KIM) with this addendum
  • Investors seeking to invest must follow standard subscription procedures through lump sum, SIP, or STP modes
  • This notice-cum-addendum forms integral part of the scheme documentation

Important Dates

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

Impact Assessment

Limited impact confined to investors interested in ICICI Prudential Silver ETF Fund of Fund. The resumption provides renewed investment opportunities in silver-linked instruments through the fund of fund structure. Market impact is minimal as this affects a single mutual fund scheme. Investors who were waiting to invest or add to their holdings can now proceed with subscriptions through multiple modes including systematic investment options.

Impact Justification

Routine operational notice regarding resumption of subscriptions in a specific mutual fund scheme. Affects only investors interested in this particular silver ETF fund of fund product.