Description
NSE resumes all subscriptions in Nippon India Silver ETF Fund of Fund after temporary suspension, enabling fresh/additional subscriptions, switch-ins and SIP/STP registrations with immediate effect from December 12, 2025.
Summary
NSE has revoked the temporary suspension on subscriptions for Nippon India Silver ETF Fund of Fund scheme on the NSE MF Invest Platform with immediate effect from December 12, 2025. The fund house has decided to resume all subscriptions without any restrictions, citing current market conditions as the reason for lifting the previous suspension announced on October 15, 2025.
Key Points
- Temporary suspension on Nippon India Silver ETF Fund of Fund has been revoked effective December 12, 2025
- All subscription types are now enabled: Fresh/additional subscriptions, Switch-ins, and fresh registrations for SIP/STP
- No restrictions or limits apply to any form of subscription
- Decision based on assessment of current market conditions
- Previous suspension was implemented via Notice cum Addendum No. 59 dated October 15, 2025
- NSE Circular Reference Number: 1058/2025, Download Ref No: NSE/NMFTM/71751
Regulatory Changes
No regulatory changes. This is an operational update reversing a previous temporary administrative restriction on a specific mutual fund scheme.
Compliance Requirements
- NSE members should take note of the resumption of subscriptions for this scheme
- All subscription channels on NSE MF Invest Platform should be updated to reflect availability
- Members should ensure investors can access Fresh/additional subscriptions, Switch-in facilities, and SIP/STP registrations for this scheme
Important Dates
- December 12, 2025: Effective date for resumption of all subscriptions in Nippon India Silver ETF Fund of Fund
- December 11, 2025: Date of Notice cum Addendum No. 71 issued by Nippon Life India Asset Management Limited
- October 15, 2025: Date of previous Notice cum Addendum No. 59 that imposed the temporary suspension
Impact Assessment
Market Impact: Minimal. This affects only investors interested in the Nippon India Silver ETF Fund of Fund scheme. The resumption provides access to silver exposure through this specific fund-of-fund product.
Operational Impact: Low. NSE members and the MF Invest Platform need to enable subscription facilities for this single scheme. No system changes or new processes required.
Investor Impact: Positive for investors seeking exposure to silver through this fund-of-fund structure, as all subscription methods including SIP and STP are now available without restrictions.
Impact Justification
Administrative circular resuming subscriptions for a single mutual fund scheme after temporary suspension. Limited to specific fund operations with no broader market impact or regulatory changes.