Sebi to review how mutual funds value gold & silver
Sebi is contemplating revising the valuation approach for physical gold and silver assets held by mutual funds via ETFs. The regulator proposes that AMCs utilize spot prices from domestic commodity exchanges for valuation, moving away from the current reliance on LBMA prices. This initiative aims to enhance consistency and better reflect prevailing domestic market prices, ensuring greater accuracy and transparency.🕒 1 min read
Sebi is contemplating revising the valuation approach for physical gold and silver assets held by mutual funds via ETFs. The regulator proposes that AMCs utilize spot prices from domestic commodity exchanges for valuation, moving away from the current reliance on LBMA prices. This initiative aims to enhance consistency and better reflect prevailing domestic market prices, ensuring greater accuracy and transparency.
Continue Reading
-
India–US ties: Sergio Gor wraps up Mumbai visit; meets Fadnavis, RBI guv, Ambani & N Chandra
- Apple Ki Sabzi: A Sweet, Sour And Spicy Winter Recipe To Try
- Intense solar radiation risk? Why Airbus pushed an A320 software update — impact on flights, ops explained
- Qasem Soleimani Was Assassinated In 2020. Amid Iran War, US To Boot His Niece
-
Dejected Smriti Mandhana Almost Breaks Down As India Lose Women’s WC Match To England By Narrow Margin
- School Assembly News Headlines (February 11): Top National, World, Business, Sports News
-
Mohammed Siraj Given Stunning Nickname By England Dressing Room: “They Call Him…”
- India Women vs Sri Lanka Women Live Updates 3rd T20I: Renuka Thakur, Deepti Sharma On Fire As Sri Lanka Go 7 Down; India On Top
- Ancient cave skeletal remains throw light on Ladakh’s role as crossroads of migration
-
Gautam Adani Renews Pledge Towards ‘Atmanirbhar Bharat’ On Independence Day
