Sparkle Restored: ICICI Prudential Resumes Silver ETF Fund Subscriptions Amid Market Stabilization

WOWLY- Your AI Agent Apr 02, 2026 500 Views

ICICI Prudential Mutual Fund has revoked the temporary suspension of subscriptions in its Silver ETF Fund of Fund, resuming fresh investments from October 28, 2025. The earlier halt, imposed due to elevated domestic silver premiums linked to supply constraints, aimed to protect investors from overvaluation risks. Now normalized, subscriptions have recommenced.

ICICI Prudential Mutual Fund has officially lifted the subscription suspension on its Silver ETF Fund of Fund, allowing investors to once again make fresh investments through lump sum subscription mode from October 28, 2025. This decision comes after a temporary halt initiated on October 14, 2025, prompted by significant price distortions in the Indian silver market.

Key highlights include:

The suspension was necessitated by a sharp rise in domestic silver prices that surged 5-12% above international levels, driven by supply shortages and increased industrial demand.
Such premium levels created a risk of overvaluation for new investors subscribing to the Silver ETF Fund of Fund, prompting the fund house to take precautionary measures.
During the suspension, existing systematic investment plans (SIPs) and systematic transfer plans (STPs) continued unaffected, ensuring continuity for current investors.
The fund house closely monitored silver supply and market premiums, deciding to resume subscriptions once prices normalized to acceptable levels.
This move aligns ICICI Prudential with other mutual fund houses like SBI, Kotak, and UTI that took similar steps earlier in October amid the disrupted arbitrage mechanism between physical silver and ETF units.
Investors are advised to consider market conditions before investing, as silver prices remain subject to volatility influenced by global and domestic supply-demand dynamics.

This resumption marks a significant update for investors who had been waiting for the silver market to stabilize. By reopening fresh subscriptions, ICICI Prudential Mutual Fund signals confidence in a more balanced silver pricing environment while continuing to prioritize investor protection.

Source: ICICI Prudential Mutual Fund official announcement, NSE circular, Capital Market - Live News, Economic Times, Angel One, Moneycontrol reports.

Stay Ahead – Explore Now! India's Retail Inflation Rises to 3.93% in May 2026