ICICI Prudential MF halts new investments in Silver ETF funds of fund

ICICI Prudential Mutual Fund suspended fresh subscriptions to its Silver ETF Fund of Fund, becoming the fifth fund house to take this step. The move follows rising volatility in silver markets and structural pressures within commodity-linked portfolios. The suspension aims to protect existing investors and maintain scheme stability. Observers see it as a shift toward caution among mutual funds participating in volatile commodity instruments. Watch for further inflow controls in related ETFs.