UTI Asset Management Company has temporarily suspended fresh lump-sum and switch-in investments into the UTI Silver ETF Fund of Fund, effective October 13, 2025, the company said in a statement on Saturday.
The move comes amid prevailing market conditions and a shortage of physical silver in the domestic market, where the metal is trading at a premium compared to international prices.
“Therefore, the premium in domestic silver prices directly impacts the valuation of the scheme,” UTI AMC said in its statement.
UTI becomes the second fund house this week to restrict inflows into silver-based funds. Earlier, on Thursday, Kotak Mahindra Asset Management Company also temporarily halted new investments in its Silver ETF Fund of Fund.
Kotak said it would lift the restrictions within the next