SEBI prescribes new norms for evaluation of risk levels for gold and gold-related instruments

SEBI has prescribed new norms for the evaluation of risk value of commodities in which mutual funds are permitted to invest. SEBI has prescribed that investment in commodities by mutual fund schemes shall be assigned a risk score corresponding to the annualized volatility of the price of the said commodity. The annualized volatility shall be computed quarterly based on past 15 years’ prices of benchmark index of the said commodity. The circular shall come into force with immediate effect.SEBI has prescribed new norms for the evaluation of risk value of commodities in which mutual funds are permitted to invest. SEBI has prescribed that investment in commodities by mutual fund schemes shall be assigned a risk score corresponding to the annualized volatility of the price of the said commodity. The annualized volatility shall be computed quarterly based on past 15 years’ prices of benchmark index of the said commodity. The circular shall come into force with immediate effect.taxmann.com Latest Statutory HappeningsRead More

Leave a Reply