Description

Nippon India Mutual Fund resumes all subscriptions in 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 previous restrictions imposed via Notice cum Addendum No. 59 dated October 15, 2025. All subscription activities including fresh subscriptions, additional subscriptions, switch-ins, and systematic plans (SIP/STP) will now be accepted without any limits or restrictions.

Key Points

  • All subscription restrictions on Nippon India Silver ETF Fund of Fund are lifted
  • Fresh and additional subscriptions are now permitted without limits
  • Switch-ins to the fund are allowed without restrictions
  • Fresh registrations through Systematic Investment Plan (SIP) are resumed
  • Systematic Transfer Plan (STP) registrations are resumed
  • All special products offered by the scheme are available for subscription
  • Decision made based on current market conditions
  • References previous Notice cum Addendum No. 59 dated October 15, 2025

Regulatory Changes

This addendum forms an integral part of the Scheme Information Document and Key Information Memorandum. All other terms and conditions remain unchanged except for the removal of subscription restrictions.

Compliance Requirements

No specific compliance actions required. Investors can now subscribe to the fund through all available channels and methods without restrictions.

Important Dates

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

Impact Assessment

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

Operational Impact: Positive for the fund and investors. Removal of restrictions allows normal fund operations and provides investors with unrestricted access to the silver commodity exposure through this fund of fund structure.

Investor Impact: Beneficial for investors seeking silver exposure through mutual funds. Restores full access to the investment product after a period of restricted subscriptions, indicating improved market conditions or fund capacity.

Impact Justification

Routine operational change affecting single mutual fund scheme. Removes previous subscription restrictions, enabling normal operations. Limited market-wide impact as it pertains to one fund product.