SEBI Revamps Gold, Silver ETF Appraisal
The Stocks and Exchange Board of India (SEBI) is overhauling the evaluation of physical silver and gold held by mutual funds, consisting of ETFs, aiming for higher openness and placement with residential market conditions.
- New Standard: Valuation will move from international criteria (LBMA) to domestically released spot costs from identified stock market.
- Efficient Date: The new structure takes effect on April 1, 2026
- Uniform Policy: AMFI, in examination with SEBI, will develop an uniform policy for carrying out the new evaluation system.
- Financier Impact: The change aims to decrease obscurity and align valuations with local supply-demand characteristics.
