Silver ETF: Kotak MF temporarily halts lumpsum and switch-in subscriptions in FoF

Kotak Mutual Fund has temporarily suspended lumpsum and switch-in subscriptions in its Silver ETF Fund of Fund, effective October 10. The move comes as domestic silver trades at a steep premium due to acute scarcity in Indias physical market. Existing SIPs and STPs remain active, and subscriptions will resume once premiums normalize to acceptable levels.