Description

Nippon India Mutual Fund resumes all subscriptions in Nippon India Silver ETF Fund of Fund without 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 previous restrictions imposed through Notice cum Addendum No. 59 dated October 15, 2025. The decision was made considering current market conditions.

Key Points

  • All subscriptions in Nippon India Silver ETF Fund of Fund are now permitted without restrictions
  • Fresh and additional subscriptions/switch-ins are allowed
  • Fresh registrations through SIP (Systematic Investment Plan) are permitted
  • Fresh registrations through STP (Systematic Transfer Plan) are permitted
  • No limits apply to any subscription type
  • This addendum forms an integral part of the Scheme Information Document and Key Information Memorandum

Regulatory Changes

No regulatory changes. This is an operational decision by the Asset Management Company to lift previously imposed subscription restrictions based on market conditions.

Compliance Requirements

No specific compliance requirements. Investors should:

  • Read all scheme related documents carefully
  • Be aware that mutual fund investments are subject to market risks

Important Dates

  • Notice Date: December 11, 2025
  • Effective Date: December 12, 2025
  • Reference Notice: Notice cum Addendum No. 59 dated October 15, 2025 (which imposed the original restrictions)

Impact Assessment

Market Impact: Minimal - affects only investors interested in Nippon India Silver ETF Fund of Fund.

Operational Impact: Positive for existing and potential investors - removes barriers to investment in this specific silver ETF fund of fund scheme.

Investor Impact: Investors can now freely invest in the fund through all available modes (lump sum, SIP, STP, switch-ins) without the restrictions that were in place for approximately two months.

Impact Justification

Routine fund operation notice affecting only investors in a specific mutual fund scheme with no broader market implications