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.
- Country:
- India
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.
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