Kotak MF temporarily halts fresh investments in Silver ETF Fund of Fund; SIPs, redemptions unaffected
In a post on X (formerly Twitter), Nilesh Shah, Managing Director of Kotak Mutual Fund, wrote, “Keeping in mind the high spot premium for Silver over the import parity price, Kotak MF is suspending lump sum subscription in Kotak Silver ETF Fund of Fund... Whenever the spot premium aligns with the import parity price, the fund of fund will open for subscription.”
In a post on X (formerly Twitter), Nilesh Shah, Managing Director of Kotak Mutual Fund, wrote, “Keeping in mind the high spot premium for Silver over the import parity price, Kotak MF is suspending lump sum subscription in Kotak Silver ETF Fund of Fund... Whenever the spot premium aligns with the import parity price, the fund of fund will open for subscription.”
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