Description

NSE announces resumption of fresh subscriptions, additional purchases, and switch-in applications for Groww Silver ETF Fund of Fund effective October 24, 2025, following normalization of bullion market conditions.

Summary

National Stock Exchange of India has announced the revocation of the temporary suspension on subscriptions for Groww Silver ETF Fund of Fund scheme under Groww Mutual Fund on the NSE MF Invest Platform. Following normalization of bullion market conditions and reduction in premium, fresh subscriptions, additional purchases, and switch-in applications will be accepted starting October 24, 2025.

Key Points

  • Temporary suspension on Groww Silver ETF Fund of Fund subscriptions has been revoked
  • Fresh subscriptions and additional purchases will be enabled from October 24, 2025
  • Lumpsum and Switch-in investments are also permitted from the effective date
  • Decision based on normalization of bullion market conditions and premium reduction
  • Previous suspension was implemented via addendum dated October 13, 2025
  • Scheme is an open-ended fund of fund investing in units of Groww Silver ETF
  • All other features and terms of SID and KIM remain unchanged

Regulatory Changes

No regulatory changes. This is an operational update reversing a previous temporary measure.

Compliance Requirements

  • Members of NSE MF Invest Platform to take note of the resumption
  • Investors encouraged to register/update email ID and mobile number under Go Green Initiative for paperless communications
  • Investors must read all scheme-related documents carefully as mutual fund investments are subject to market risks

Important Dates

  • Circular Date: October 23, 2025
  • Effective Date: October 24, 2025 - Resumption of fresh subscriptions, additional purchases, and switch-in applications
  • Previous Suspension Date: October 13, 2025

Impact Assessment

The resumption of subscriptions has minimal market impact as it affects only investors interested in the Groww Silver ETF Fund of Fund scheme. The decision reflects improved bullion market conditions with reduced premiums, allowing the fund to accept new investments without concerns about unfavorable pricing. This operational change enables investors to resume normal investment activities in silver-focused fund of fund products through the NSE platform.

Impact Justification

Routine operational update resuming normal subscription activities for a specific mutual fund scheme after temporary suspension. Limited to investors of this particular fund with no broader market implications.