‘MFs can trade in commodity derivatives’

The Securities and Exchange Board of India (SEBI) has given the go-ahead to mutual funds (MFs) to participate in the commodity derivatives segment.

In a circular issued on Tuesday, the regulator said that MFs can trade in exchange-traded commodity derivatives except those that have been defined as ‘sensitive commodities.’

MFs have been permitted to participate in the commodities segment through hybrid schemes that include multi-asset scheme and gold exchange traded funds (ETFs). Fund houses have also been directed to appoint a dedicated fund manager with requisite skill and experience in commodities market before participating in the commodities segment

Our code of editorial values

This article is closed for comments.
Please Email the Editor

Printable version | Oct 25, 2021 2:47:12 AM |

Next Story