Sebi directs mutual funds to use domestic spot prices for gold, silver ETF valuation from April 1
Sebi has revised valuation norms for physical gold and silver held by mutual funds, mandating use of domestic polled spot prices from recognised exchanges instead of London benchmarks. The move aims to enhance transparency, reflect local market conditions and standardise industry practices.
Sebi has revised valuation norms for physical gold and silver held by mutual funds, mandating use of domestic polled spot prices from recognised exchanges instead of London benchmarks. The move aims to enhance transparency, reflect local market conditions and standardise industry practices.
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