SEBI rules allow equity funds to shift into gold, silver and InvITs
In short
SEBI has changed the rules for some equity mutual funds. Under the revised framework, they can put leftover portfolio money into gold ETFs, silver ETFs and Infrastructure Investment Trusts.
This may give fund managers more flexibility, but the reporting does not say which funds qualify or when the change starts. The exact impact on investors is not stated.
What the reporting says
Under a revised SEBI framework, eligible equity mutual funds can allocate their residual portfolio to gold ETFs, silver ETFs and Infrastructure Investment Trusts. The publisher-supplied summary says this flexibility applies to the leftover portion of the portfolio, but it does not state the full limit details, which funds qualify, or when the change takes effect. The immediate effect on fund construction and investor returns is still not stated in the available reporting.
Why it matters
Under a revised SEBI framework, eligible equity mutual funds can allocate their residual portfolio to gold ETFs, silver ETFs and Infrastructure Investment Trusts. The reporting does not give the exact allocation limit, the list of eligible schemes, or the implementation date. The change could affect how fund houses manage diversification and risk, but the immediate market impact is not stated in the available summary.