After Kotak and UTI, SBI Mutual Fund halts silver ETF FoF subscriptions
Following Kotak and UTI Mutual Funds, SBI Mutual Fund has temporarily suspended fresh subscriptions to its Silver ETF Fund of Fund (FoF) from October 13. The fund house notified unitholders via a notice cum addendum, citing the current market scenario and the need to safeguard investors interests. Redemptions, SIPs, and switch-outs will continue as per scheme terms.
Following Kotak and UTI Mutual Funds, SBI Mutual Fund has temporarily suspended fresh subscriptions to its Silver ETF Fund of Fund (FoF) from October 13. The fund house notified unitholders via a notice cum addendum, citing the current market scenario and the need to safeguard investors interests. Redemptions, SIPs, and switch-outs will continue as per scheme terms.
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