Subscriptions have resumed for the ICICI Prudential Silver ETF Fund of Fund on the BSE, following a temporary halt initiated on October 14, 2025. The pause addressed inflated domestic silver prices and supply constraints. The resumption signals improved market conditions and investor protections restored.
The BSE has announced the resumption of subscriptions in the ICICI Prudential Silver ETF Fund of Fund, ending the temporary suspension that began on October 14, 2025. The previous suspension was a precautionary move triggered by a significant premium (5%-12%) on domestic silver prices compared to international levels, caused by supply shortages and increased industrial demand.
This premium led to inflated valuations of silver ETFs and potential risks for new investors entering at elevated prices. To protect investor interests, the mutual fund house halted all new lump-sum investments, switch-ins, and registrations of systematic investment and transfer plans during the disruption. Existing systematic plans continued unaffected.
With improved silver supply dynamics and normalization of premiums, the AMC has allowed fresh subscriptions to resume, restoring investment opportunities in the fund. This resumption reflects cautious optimism about stabilizing silver market fundamentals and provides an avenue for investors seeking exposure to silver via an ETF fund of funds.
Important Points
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Subscriptions in ICICI Prudential Silver ETF Fund of Fund resumed on BSE after temporary suspension.
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Suspension was due to a high premium on domestic silver prices over global rates, caused by supply constraints.
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Fresh lump-sum, switch-in, SIP, and STP registrations were halted but existing SIP/STP transactions continued.
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Resumption indicates better alignment between domestic silver prices and international benchmarks.
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The fund aims to track the domestic silver price, offering long-term wealth creation with heightened risk awareness.
Source: ICICI Prudential AMC, BSE, Reuters, Moneycontrol