Several mutual fund companies have reopened their Silver Exchange Traded Fund (ETF) Fund of Funds (FoF) schemes for new investments, after imposing temporary restrictions earlier this month.
Kotak Mutual Fund resumed subscriptions to its Kotak Silver ETF Fund of Fund from October 23, allowing investors to invest via lump-sum, switch-ins, or start new SIPs and STPs.
Likewise, Aditya Birla Sun Life Mutual Fund reopened its Aditya Birla Sun Life Silver ETF Fund of Fund from October 23, permitting fresh investments through lump-sum, switch-ins, SIPs, and STPs. Axis Mutual Fund had resumed subscriptions to its Axis Silver Fund of Fund slightly earlier, from October 20.
The resumption in silver ETFs came amid the correction in prices over the past few days. Silver ETFs corrected over 18 per c

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