Description

NSE resumes fresh subscriptions, lumpsum and switch-in investments for ICICI Prudential Silver ETF Fund of Fund scheme with immediate effect from October 28, 2025.

Summary

NSE has revoked the temporary suspension on subscriptions for ICICI Prudential Silver ETF Fund of Fund scheme on the NSE MF Invest Platform. Fresh subscriptions, lumpsum investments, switch-in transactions, and new SIP/STP registrations are now enabled with immediate effect from October 28, 2025. This follows a notice from ICICI Prudential Mutual Fund dated October 27, 2025, citing improved market conditions as the reason for resumption.

Key Points

  • ICICI Prudential Silver ETF Fund of Fund scheme is now available for fresh subscriptions on NSE MF Invest Platform
  • Lumpsum and switch-in investments are enabled with immediate effect
  • Fresh registration of Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP) transactions resumed
  • Decision made in view of current market conditions
  • Previous temporary suspension was notified on October 13, 2025

Regulatory Changes

No regulatory changes. This is an operational update reversing a temporary suspension that was previously implemented for the specific mutual fund scheme.

Compliance Requirements

  • NSE members are requested to take note of the resumption of subscriptions
  • All other provisions of the Scheme Information Document (SID) and Key Information Memorandum (KIM) remain unchanged
  • The notice-cum-addendum forms an integral part of the SID and KIM of the scheme

Important Dates

  • October 13, 2025: Date of previous notice (temporary suspension)
  • October 27, 2025: Date of notice-cum-addendum issued by ICICI Prudential Mutual Fund
  • October 28, 2025: Effective date for resumption of subscriptions

Impact Assessment

This circular has minimal market-wide impact as it pertains to a single mutual fund scheme within the ICICI Prudential Mutual Fund family. The resumption allows investors to once again invest in the Silver ETF Fund of Fund through various modes including lumpsum, SIP, STP, and switch-in transactions on the NSE MF Invest Platform. The decision to resume subscriptions suggests improved market conditions for silver-related investments.

Impact Justification

Administrative circular resuming subscriptions for a single mutual fund scheme after temporary suspension. Limited market-wide impact, relevant primarily to investors of this specific fund.