India's securities regulator expands the investment scope of actively managed equity funds, allowing them to hold gold and silver assets.
On February 26, according to Bloomberg, the Securities and Exchange Board of India (SEBI) revised its rules to allow actively managed equity funds to allocate up to 35% of their assets to gold and silver-related instruments and infrastructure investment trust shares, broadening the investment boundaries for the country's $384 billion fund market and creating a new source of institutional demand for precious metals.
This policy adjustment comes as global demand for precious metals continues to rise. Boosted by the recent strong performance of gold prices, investor interest in gold assets has significantly increased. In January of this year, the Indian domestic market saw a rare reversal, with inflows into gold ETFs surpassing those into equity funds for the first time, reflecting the growing appeal of gold as a safe-haven asset amid increasing market uncertainty.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/e414e877-7163-4cdb-9832-7b3e321e0868.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/e414e877-7163-4cdb-9832-7b3e321e0868.png"/>
In addition to relaxing investment limits for equity funds, SEBI has also approved the establishment of a new type of lifecycle fund, namely target date funds. These products have predetermined maturity periods ranging from 5 to 30 years, primarily aimed at retirement planning and other goal-oriented investment needs.
According to the new regulations, asset management companies can issue up to six actively managed lifecycle funds simultaneously. This move is expected to foster competition between the asset management industry and the government-led national pension system, which currently manages approximately $177 billion in assets

600489

GDXJ

518850

The Securities and Exchange Board of India has revised rules to allow actively managed equity funds to allocate up to 35% of their assets to gold, silver, and related instruments, broadening the investment boundaries for a market worth $384 billion. This move comes as global demand for precious metals heats up, with inflows into Indian gold ETFs surpassing those into equity funds for the first time in January this year

- India's securities regulator has expanded the investment scope for actively managed equity funds, allowing up to 35% of assets in gold, silver, and real estate investment trusts.  
- This policy change aligns with the rising global demand for precious metals, as recent trends show increased investor interest in gold, marking a shift with significant inflows into gold ETFs.  
- Additionally, the SEBI approved a new type of target-date fund aimed at retirement planning, enabling asset management companies to issue up to six lifecycle funds.

Wallstreetcn

ZHONGJIN GOLD

VanEck Junior Gold Miners ETF

ChinaAMC Gold ETF

SPDR Gold Shares

EFUND GOLD MI ETF

Xtrackers Nifty 500 India ETF

Invesco Db Precious Metals ETF

Direxion Daily MSCI India Bull 2X

EFUND GOLD MI-R

Kinross Gold

Global X Silver Miner

ISHRS MSCI India

Sprott GLD Miners Etf

iShares MSCI Global Gold Miners

Sprott Active Gold & Silver Miners ETF

Abrdn Silver ETF Trust

VanEck Gold Miners ETF

India relaxes regulations, allowing stock funds to allocate gold and silver, with a maximum holding ratio of 35%!