Sebi revises pricing norms for gold, silver held by MFs

THE SECURITIES AND Exchange Board of India (Sebi) on Thursday revised the valuation methodology for physical gold and silver held by mutual fund schemes, mandating the use of polled spot prices published by the stock exchanges for calculating the worth.

- AGENCIES

Spot prices used for settlement of physically delivered bullion derivatives contracts will now form the basis for pricing such holdings, replacing the earlier benchmark-linked approach.

This will become effective from April 1, 2026, Sebi said in its circular.