MFs to soon trade in commodity derivatives, says Amfi
The markets regulator had earlier said that it was in talks with the RBI to allow institutional investors to trade in this segment

Mutual funds will soon trade in the commodity derivatives, a move that will deepen this nascent market, a top official of industry body Amfi said.
"We will soon see some participation from mutual funds in the commodity markets. There has been some discussion about mutual fund participation into commodity markets. We will see some progress this year," Association of Mutual Funds in India (Amfi) Chairman A Balasubramanian told PTI.
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 commodity markets after the merger of Forward Markets Commission (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.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES

'Bengaluru, absolute traffic hell...: City's congestion worsens as HSR Layout flyover shuts for metro work, netizens irked

Gratuity Calculation: What will be your gratuity on Rs 40,000 last-drawn basic salary and 5.2 years of service?

SBI 3-year FD vs SBI 5-year FD: Know which fixed deposit scheme can give you higher returns on Rs 2 lakh, Rs 4 lakh, Rs 6 lakh investments

8th Pay Commission: Can basic pension cross Rs 3 lakh mark in new pay commission? See calculations to know its possibility?

SBI 444-day FD vs Central Bank of India 444-day FD: Which can provide higher maturity on Rs 5,00,000, Rs 7,00,000 & Rs 10,00,000 deposits?

UPS vs NPS vs OPS: Last drawn basic pay Rs 100,000; pensionable service of 30 years; what can be your monthly pension in each?

Monthly Pension Calculations: Is your basic pension Rs 25,000, Rs 35,000, or Rs 50,000? Know what can be your total pension as per latest DR rates
05:45 PM IST