News From Press Commodities mutual fund: Where’s the hold-up & what’s causing the delay?

Commodities mutual fund: Where’s the hold-up & what’s causing the delay?

Source: Moneycontrol Sep 13, 2019

After long consultations with the mutual fund industry, the Securities and Exchange Board of India (SEBI) had approved their participation in the commodity segment in May. However, delay in approval of custodian license has resulted in not a single asset management company being launched a mutual fund so far.

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