Description
NSE enables fresh subscriptions, lumpsum and switch-in investments for SBI Silver ETF Fund of Fund scheme on NSE MF Invest Platform with immediate effect from October 27, 2025.
Summary
NSE has revoked the temporary suspension on subscriptions for SBI Silver ETF Fund of Fund (FOF) scheme under SBI Mutual Fund on the NSE MF Invest Platform. Fresh subscriptions, lumpsum investments, and switch-in transactions are now enabled with immediate effect from October 27, 2025.
Key Points
- Temporary suspension revoked for SBI Silver ETF Fund of Fund (FOF) scheme
- Fresh subscriptions now permitted on NSE MF Invest Platform
- Lumpsum investments enabled
- Switch-in transactions allowed
- Effective date: October 27, 2025 (immediate effect)
- Change based on communication received from SBI Mutual Fund
Regulatory Changes
No regulatory changes introduced. This is an operational update reversing a previous temporary suspension measure.
Compliance Requirements
- NSE members are requested to take note of the revocation
- Members should enable the scheme for client transactions on NSE MF Invest Platform
- Notice cum addendum issued by SBI Mutual Fund is attached for reference
Important Dates
- October 27, 2025: Effective date for enabling subscriptions with immediate effect
Impact Assessment
Limited operational impact affecting only investors interested in SBI Silver ETF Fund of Fund scheme. The revocation restores normal subscription functionality for this specific mutual fund product. No impact on equity markets or broader trading operations. Positive for investors seeking exposure to silver through fund-of-fund structure via SBI Mutual Fund.
Impact Justification
Administrative circular revoking temporary suspension for a single mutual fund scheme, enabling subscriptions with no broader market impact