SBI Mutual Fund Freezes Fresh Lump-Sum Investments in Silver ETF FoF as Silver Prices Hit Record High
SBI Mutual Fund has decided to temporarily suspend lump-sum investments in its Silver ETF (FoF) from October 13, 2025. This decision was made due to increased demand for silver and a shortage of physical supply. Investments through SIP, STP, redemption, and switch-out will continue.
SBI Mutual Fund has declared suspension of fresh lump-sum investments in its SBI Silver ETF Fund of Funds (FoF) from October 13, 2025, considering the sudden rise in silver demand and short supply in physical form. Lump-sum investment refers to investing big money at one go.
In an official notice, the fund house attributed the recent rise in silver prices to global macroeconomic factors and increasing investor interest in commodities.
Limited physical silver availability has curbed new ETF units creation at the Indicative Net Asset Value (iNAV), necessitating investor interest protection measures. SBI Silver ETF FOF is a fund-of-funds open-ended scheme that invests in the SBI Silver ETF, which follows local silver prices.