Description

NSE announces the withdrawal of temporary suspension for subscriptions in Axis Silver Fund of Fund schemes under Axis Mutual Fund, effective October 20, 2025.

Summary

National Stock Exchange of India has enabled subscriptions for Axis Silver Fund of Fund on the NSE MF Invest Platform with immediate effect from October 20, 2025. This follows the withdrawal of temporary suspension that was imposed vide Notice no. 71 dated October 13, 2025. All applications for lumpsum and switch-in investments under the scheme will now be accepted.

Key Points

  • Temporary suspension of subscriptions in Axis Silver Fund of Fund has been withdrawn
  • Fresh subscriptions, lumpsum, and switch-in investments are now enabled on NSE MF Invest Platform
  • Resumption of subscriptions effective from October 20, 2025
  • All other terms and conditions of the Scheme Information Document (SID) and Key Information Memorandum (KIM) remain unchanged
  • Notice cum addendum issued by Axis Asset Management Company Limited on October 17, 2025 (Notice No. 74/2025-26)

Regulatory Changes

No regulatory changes introduced. This circular reverses the temporary operational suspension that was previously imposed on October 13, 2025.

Compliance Requirements

  • NSE members must take note of the resumption of subscriptions for Axis Silver Fund of Fund
  • Members should ensure their systems reflect the availability of the scheme for fresh subscriptions
  • Standard mutual fund investment processing rules apply

Important Dates

  • October 13, 2025: Original temporary suspension imposed (Notice no. 71)
  • October 17, 2025: Notice cum addendum issued by Axis Mutual Fund
  • October 20, 2025: Suspension withdrawn and subscriptions resumed with immediate effect

Impact Assessment

This circular has minimal market impact as it relates to a single mutual fund scheme under Axis Mutual Fund. The withdrawal of suspension restores normal operational functionality for investors interested in silver-focused fund of fund investments. No equity stocks are directly affected. Investors who were previously restricted can now make fresh investments, lumpsum contributions, or switch-in transactions in the Axis Silver Fund of Fund scheme through the NSE MF Invest Platform.

Impact Justification

Operational update restoring normal subscription functionality for a single mutual fund scheme with limited market-wide impact