Description

Nippon India Mutual Fund announces resumption of all subscriptions in Nippon India Silver ETF Fund of Fund without any restrictions effective December 12, 2025.

Summary

Nippon Life India Asset Management Limited has announced the resumption of all subscriptions in Nippon India Silver ETF Fund of Fund (FOF) effective December 12, 2025. This reverses the restrictions imposed earlier via Notice cum Addendum No. 59 dated October 15, 2025. All types of subscriptions including fresh investments, additional subscriptions, switch-ins, and systematic plans (SIP/STP) are now permitted without any restrictions or limits.

Key Points

  • All subscription restrictions in Nippon India Silver ETF Fund of Fund have been lifted
  • Fresh and additional subscriptions are now permitted without limits
  • Switch-ins to the scheme are allowed without restrictions
  • Fresh registrations through SIP (Systematic Investment Plan) are permitted
  • Fresh registrations through STP (Systematic Transfer Plan) are permitted
  • Decision made in view of current market conditions
  • This addendum supersedes Notice cum Addendum No. 59 dated October 15, 2025
  • Addendum forms integral part of Scheme Information Document and Key Information Memorandum

Regulatory Changes

No regulatory changes. This is an operational change by the Asset Management Company to resume normal subscription operations for the fund after a period of restrictions.

Compliance Requirements

  • Investors can now subscribe to Nippon India Silver ETF Fund of Fund without any restrictions
  • All other terms and conditions of the Scheme Information Document and Key Information Memorandum remain unchanged
  • Standard mutual fund investment documentation and KYC requirements continue to apply
  • Investors must read all scheme related documents carefully before investing

Important Dates

  • December 11, 2025: Notice issued
  • December 12, 2025: Resumption of unrestricted subscriptions effective from this date
  • October 15, 2025: Date of previous Notice cum Addendum No. 59 (which imposed restrictions)

Impact Assessment

Positive Impact on Investors: Investors who were unable to invest or increase their holdings in Nippon India Silver ETF Fund of Fund due to earlier restrictions can now freely invest in the scheme. This provides better access to silver-based investment opportunities through the fund of fund structure.

Market Conditions: The decision to resume subscriptions is based on current market conditions, suggesting improved liquidity or capacity in the underlying silver ETF.

Operational Impact: Normal investment operations including lump sum investments, systematic investment plans, and systematic transfer plans are fully restored, providing flexibility to investors in their investment strategy.

Impact Justification

Medium importance as it affects investors of Nippon India Silver ETF FOF by removing subscription restrictions, allowing normal investment operations to resume