SBI Mutual Fund Suspends New Investments in Silver ETF Fund of Fund
SBI Mutual Fund has suspended fresh investments in its Silver ETF Fund of Fund from October 13, 2025, amid tight physical silver supply and rising demand.
SIPs and redemptions remain unaffected as the fund joins Kotak and UTI in pausing new inflows due to a global supply squeeze in the silver market.
The limited availability of physical silver has constrained the creation of new units at the indicative Net Asset Value (iNAV), which directly affects the valuation of the fund.
- Kotak Mutual Fund and UTI Mutual Fund have made similar decisions in recent weeks.
- The silver market faces a global supply squeeze driven by global macroeconomic factors and renewed investor interest in commodities.
Author's summary: SBI Mutual Fund suspends new investments in Silver ETF Fund of Fund due to supply crunch.