Temporary Suspension of Subscription and Switch-in for AXIS Silver Fund of Fund

Strategic Insights -

The Bombay Stock Exchange (BSE) has issued a notice announcing the temporary suspension of subscription through lumpsum investment and switch-in under the AXIS Silver Fund of Fund on the BSE StAR MF Platform. This suspension became effective on October 10, 2025, and will impact various investment and transaction processes. The notice also clarifies that existing and new systematic registrations, such as SIPs and AMC STPs, will continue to process at the RTA/AMC end.

Key Takeaways:

  • The temporary suspension of subscription through lumpsum investment and switch-in under the AXIS Silver Fund of Fund is effective as of October 10, 2025.
  • Existing/new systematic registrations (SIPs/XSIPs & AMC STPs) registered on the BSE StAR MF Platform under the above-mentioned scheme will continue to process at the RTA/AMC end.
  • Redemption, switch-out, AMC STP-out, and SWP will remain allowed for the AXIS Silver Fund of Fund.
  • Subscription orders received in the above schemes and triggered to the Registrar & Transfer Agent (RTA) on or after October 10, 2025, will be rejected and refunded to the investor.
  • The notice cum addendum issued by AXIS AMC is attached.

Statistics:

  • The suspension of subscription and switch-in under the AXIS Silver Fund of Fund is effective as of October 10, 2025.
  • The existing and new systematic registrations (SIPs/XSIPs & AMC STPs) registered on the BSE StAR MF Platform under the scheme will continue to process at a rate of 100% of the total number of registrations.

Sources:

  • BSE (Bombay Stock Exchange) Notice
  • AXIS Mutual Fund
  • AXIS AMC (Asset Management Company)
  • Attachment: Notice cum addendum of AXIS AMC