Description
Bandhan Silver ETF units listed on BSE in 'E' Group effective December 12, 2025. The open-ended ETF tracks domestic silver prices with 527,061 units allotted at Rs. 178.35 per unit.
Summary
BSE has announced the listing of Bandhan Silver ETF units effective December 12, 2025. The open-ended Exchange Traded Fund replicates and tracks the domestic price of silver. A total of 527,061 units have been allotted at an issue price of Rs. 178.35 per unit, with units trading in dematerialized form only in the ‘E’ Group with a market lot of 1 unit.
Key Points
- Mutual Fund Name: Bandhan Mutual Fund
- Investment Manager: Bandhan AMC Limited
- Scrip Code: 544639
- ISIN: INF194KB1KI9
- Scrip ID: SILVERBND
- Total Units: 527,061 units
- Face Value: Rs. 10.00 per unit
- Issue Price: Rs. 178.35 per unit
- Market Lot: 1 unit
- Group: E
- Date of Allotment: December 5, 2025
- Effective Trading Date: December 12, 2025
- Market Maker: Riddisiddhi Bullions Ltd
Regulatory Changes
No regulatory changes are introduced. The listing follows existing SEBI guidelines dated February 16, 2000, requiring mutual fund units to be traded in dematerialized form only.
Compliance Requirements
- Trading members must ensure all trades in Bandhan Silver ETF units are executed in dematerialized form only
- Trades must be effected in unit market lot (1 unit)
- Units are classified under ‘E’ Group for trading purposes
Important Dates
- Date of Allotment: December 5, 2025
- Listing and Trading Commencement: December 12, 2025 (Friday)
- Notice Date: December 11, 2025
Impact Assessment
This is a routine ETF listing with minimal market-wide impact. The listing expands investment options for retail and institutional investors seeking exposure to domestic silver prices through an exchange-traded instrument. The presence of Riddisiddhi Bullions Ltd as market maker ensures liquidity. Impact is limited to mutual fund segment participants and investors interested in commodity-linked ETFs.
Contact Information
Registrar and Transfer Agent: Computer Age Management Services Limited (CAMS) 9th Floor, Tower II, Rayala Towers #158, Anna Salai, Chennai – 600 002 Phone: +91-44 2843 3303 / +91-44 6102 3303 Email: enq_g@camsonline.com
AMC Office: Bandhan AMC Limited 6th Floor, One World Center Jupiter Mills Compound, 841 Senapati Bapat Marg Elphinstone Road (West), Mumbai - 400013
BSE Contact: Mr. Parag Jain – Manager - Listing Operations Tel: 022-2272 8685 Email: direct.listing@bseindia.com
Impact Justification
Routine ETF listing announcement for a commodity-tracking fund with limited market-wide impact. Relevant primarily to mutual fund investors and market makers.