Capital markets regulator Sebi has proposed 'one commodity one exchange' concept in a bid to reduce fragmentation of liquidity and help every stock exchange develop an exclusive set of unfragmented liquid contracts. In a consultation paper, the regulator said it has prepared a concept note on developing exchange specific unique set of commodities for trading in commodity
The regulator has proposed that concept should only be applicable for narrow agri-commodities and non-agri commodities should not fall under the purview.
Get latest articles and stories on Latest News at LatestLY. Gold exchange-traded funds (ETFs) attracted Rs 446 crore in September and inflow may continue in coming months due to strong demand on the back of festival season in the country. Latest News | Gold ETFs Attract Rs 446-cr in Sep; Inflow May Continue in Coming Months on Festive Season Demand.
Gold exchange-traded funds (ETFs) attracted Rs 1,328 crore from investors in the quarter ended June 2021 and experts believe that inflows will continue in the coming months of the fiscal. In comparison, inflow in the category was much higher at Rs 2,040 crore in the same quarter last year, according to data available with Association of Mutual Funds in India (Amfi). Quantum Mutual Fund Sr Fund Manager, Alternative Investment, Chirag Mehta said that inflows in gold ETFs were significant in the June quarter last year on account of significant economic uncertainty due to the COVID-19 pandemic. This year given the optimism surrounding economic recovery, inflows have slowed a bit.