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 asset manager said this was due to prevailing market conditions and a shortage of physical silver in the domestic market as the metal trades at a premium relative to international prices. “Therefore, the premium in domestic silver prices directly impacts the valuation of the scheme.” UTI is the second fund manager to curb new investments into silver-based funds this week. On Thursday, Kotak Mahindra Asset ... (full story)