The Securities and Exchange Board of India (Sebi) has decided to allow Category-III Alternative Investment Funds (AIFs) to participate in the commodity derivatives market. On Wednesday, the Sebi board finalised norms in this regard. Category-III AIFs, also known as hedge funds, become the first category of institutional investors allowed in commodity derivatives.
“We are considering allowing mutual funds in commodity derivatives, but will follow expert advice and move gradually. Commodity derivatives market is a new subject. In case of spot markets, there are issues such as who will be the regulators. The government has decided to set up a
“We are considering allowing mutual funds in commodity derivatives, but will follow expert advice and move gradually. Commodity derivatives market is a new subject. In case of spot markets, there are issues such as who will be the regulators. The government has decided to set up a
