Kotak MF halts lumpsum investments into Silver ETF amid price premium
Kotak pauses new lumpsum in Silver ETF due to elevated price premium.
Live Market Updates
Latest Financial News
Stay ahead with real-time financial news, market insights, and expert analysis from trusted sources worldwide
News Feed
1 articles
Live Market Updates
Latest Financial News
Stay ahead with real-time financial news, market insights, and expert analysis from trusted sources worldwide
neutral
7h agoKotak MF halts lumpsum investments into Silver ETF amid price premium
Kotak Mutual Fund has temporarily suspended acceptance of new lumpsum and switch-in investments into its Silver ETF / Fund-of-Funds, citing a steep domestic premium on silver prices of around 5.7%. The suspension does **not** affect ongoing SIPs or redemption requests. The move comes amid surging demand in silver ETFs, likely intended to protect new investors from overpaying due to supply constraints. The restriction will be reviewed daily as premiums stabilize.
neutral
7h agoKotak MF halts lumpsum investments into Silver ETF amid price premium
Kotak Mutual Fund has temporarily suspended acceptance of new lumpsum and switch-in investments into its Silver ETF / Fund-of-Funds, citing a steep domestic premium on silver prices of around 5.7%. The suspension does **not** affect ongoing SIPs or redemption requests. The move comes amid surging demand in silver ETFs, likely intended to protect new investors from overpaying due to supply constraints. The restriction will be reviewed daily as premiums stabilize.
neutral
Kotak MF halts lumpsum investments into Silver ETF amid price premium
about 8 hours ago
1 min read
70 words
Kotak pauses new lumpsum in Silver ETF due to elevated price premium.
Kotak Mutual Fund has temporarily suspended acceptance of new lumpsum and switch-in investments into its Silver ETF / Fund-of-Funds, citing a steep domestic premium on silver prices of around 5.7%. The suspension does **not** affect ongoing SIPs or redemption requests. The move comes amid surging demand in silver ETFs, likely intended to protect new investors from overpaying due to supply constraints. The restriction will be reviewed daily as premiums stabilize.
Kotak Mutual Fund has temporarily suspended acceptance of new lumpsum and switch-in investments into its Silver ETF / Fund-of-Funds, citing a steep domestic premium on silver prices of around 5.7%. The suspension does **not** affect ongoing SIPs or redemption requests. The move comes amid surging demand in silver ETFs, likely intended to protect new investors from overpaying due to supply constraints. The restriction will be reviewed daily as premiums stabilize.
Companies:
Kotak Mahindra AMC
Tags:
mutual funds
silver
mutual funds
silver
ETF
premium
Kotak
Source: