:max_bytes(150000):strip_icc()/GettyImages-2274420688-5a9822963e8d4d7597c6f3a2d3b1c229.jpg?#)
UTI Asset Management halts new investments in silver ETF, follows Kotak Mahindra AMC's suspension
UTI Asset Management Company has temporarily suspended fresh lump-sum and switch-in investments into the UTI Silver ETF Fund of Fund, effective October 13, 2025, the company said in a statement on Saturday. The asset manager said this was due to prevailing market conditions and a shortage of physical silver in the domestic market, as the metal trades at a premium relative to international prices.
UTI Asset Management Company has temporarily suspended fresh lump-sum and switch-in investments into the UTI Silver ETF Fund of Fund, effective October 13, 2025, the company said in a statement on Saturday. The asset manager said this was due to prevailing market conditions and a shortage of physical silver in the domestic market, as the metal trades at a premium relative to international prices.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
