Description

Nippon India Mutual Fund resumes all subscriptions in 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 earlier restrictions imposed vide Notice cum Addendum No. 59 dated October 15, 2025. All types of investments including fresh subscriptions, additional subscriptions, switch-ins, and registrations through SIP/STP are now permitted without any limits.

Key Points

  • All subscription restrictions in Nippon India Silver ETF Fund of Fund removed
  • Fresh and additional subscriptions now permitted without limits
  • Switch-ins allowed without restrictions
  • Fresh registrations through SIP and STP resumed
  • Decision taken in view of current market conditions
  • Supersedes earlier 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 update by the Asset Management Company reversing temporary subscription restrictions.

Compliance Requirements

No specific compliance requirements. Investors should read all scheme related documents carefully before investing.

Important Dates

  • Notice Date: December 11, 2025
  • Effective Date: December 12, 2025 - Resumption of all subscriptions without restrictions
  • Previous Restriction Date: October 15, 2025 - When subscriptions were initially restricted (Notice cum Addendum No. 59)

Impact Assessment

Investor Impact: Positive for existing and prospective investors in Nippon India Silver ETF Fund of Fund as they can now invest without restrictions. Particularly beneficial for those who were unable to invest or increase their holdings during the restriction period.

Market Impact: Minimal broader market impact. This is specific to one mutual fund scheme and reflects the fund house’s assessment that market conditions now support resumption of normal operations.

Operational Impact: Fund house returns to normal subscription processing for this scheme, removing administrative burden of monitoring subscription limits.

Impact Justification

Operational update for a specific mutual fund scheme resuming normal operations after temporary restrictions. Affects only investors in this particular fund.