ICICI and HDFC Mutual Funds temporarily halted new investments in their Silver ETF funds of funds after sharp price surges and thin supply in domestic bullion markets. The pause follows similar actions by other AMCs citing valuation distortion and high premiums on silver contracts. Existing SIPs and redemptions will continue unaffected. Analysts expect fund re-openings once market liquidity and premiums normalize, reflecting broader volatility in precious-metal ETFs amid festive-season demand and global uncertainty.