News From Press Sebi may allow metal ETFs to attract retail investors

Sebi may allow metal ETFs to attract retail investors

Source: Mint/PTI Feb 5, 2018

Market regulator Securities and Exchange Board of India (Sebi) is considering allowing exchange-traded funds (ETF) based on metals like silver and platinum to encourage participation of retail and institutional investors in these market instruments, senior officials said.

In global markets ETFs are based on equities, commodities and metals but in India these funds are based on equity and gold only.

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