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MFs to soon trade in commodity derivatives, says Amfi

Press Trust of India  |  Mumbai 

will soon trade in the derivatives, a move that will deepen this nascent market, a top of industry body Amfi said.

"We will soon see some participation from in the markets. There has been some discussion about mutual fund participation into markets. We will see some progress this year," Association of in (Amfi) A Balasubramanian told

Currently, there are 42 mutual fund players with assets under management of over Rs 22 lakh crore.

Sebi, in February last year, had said that mutual funds' participation in commodities derivatives would be the first one to happen among institutional investors.

Also, the markets regulator had said that it was in talks with the RBI to allow institutional investors like banks and FPIs to trade in the segment.

Sebi, which started regulating after the of (FMC) with the regulator in September 2015, is working towards developing the commodities market by bringing in more products for participants like FPIs, insurance and mutual funds.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, January 09 2018. 16:45 IST
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