Description

ICICI Prudential Asset Management resumes subscriptions in Silver ETF Fund of Fund through lump sum 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 a previous notice dated October 13, 2025, and the decision was 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 for ICICI Prudential Silver ETF Fund of Fund
  • Lump sum mode subscriptions (including switches) now allowed
  • Fresh registration of Systematic Investment Plan (SIP) permitted
  • Fresh registration of Systematic Transfer Plan (STP) as target scheme permitted
  • Decision based on current market conditions
  • Follows previous suspension notice dated October 13, 2025
  • All other provisions of Scheme Information Document (SID) and Key Information Memorandum (KIM) remain unchanged

Regulatory Changes

No regulatory changes. This is an operational update modifying the subscription status of the scheme.

Compliance Requirements

  • Asset Management Company to update Scheme Information Document (SID) and Key Information Memorandum (KIM) with this addendum
  • Notice-cum-Addendum forms integral part of the SID and KIM as amended from time to time
  • Distributors and intermediaries should inform investors about resumption of subscriptions

Important Dates

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

Impact Assessment

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

Investor Impact: Positive for investors seeking exposure to silver through this fund of fund structure, as they can now resume investments that were previously suspended.

Operational Impact: Limited to ICICI Prudential AMC’s distribution network and investors of this specific scheme. The resumption indicates improved market conditions or fund capacity to accept new subscriptions.

Product Availability: Enhances investment options for investors seeking silver commodity exposure through the ETF fund of fund route with systematic investment facilities.

Impact Justification

Routine operational update regarding resumption of subscriptions for a specific mutual fund scheme; affects only investors interested in this particular Silver ETF Fund of Fund product.