Tata Mutual Fund Resumes Silver ETF FoF Investments

Tata Mutual Fund has restarted fresh investments in its Silver ETF Fund-of-Fund scheme after market conditions improved. This includes resuming lump-sum investments, switch-ins, SIPs, and STPs, which were previously suspended due to high silver premiums and limited supply.

Tata Mutual Fund announced the resumption of fresh investments in its Silver ETF Fund-of-Fund scheme as market conditions have normalized.

The fund house, initially suspending activities like lump-sum investments and SIP registrations since October 14 due to silver market fluctuations, is now reopening these channels.

This move comes as a response to stabilizing silver premiums and supply, allowing Tata Mutual Fund and other fund houses to resume full operations for their Silver ETF FoFs.