New Delhi, Feb. 27 -- India's market regulator, the Securities and Exchange Board of India (SEBI), has introduced a significant change in how mutual funds value physical gold and silver held in exchange-traded funds (ETFs).

The new framework aims to align pricing more closely with domestic market conditions, improve transparency, and standardise valuation practices across fund houses. The revised norms will come into effect from 1 April 2026and are expected to directly impact gold and silver ETFs, as well as mutual fund schemes that hold physical bullion.

Niranjan Avasthi, Senior Vice President, Edelweiss MF, explained in a recent post on X: "Another important circular from SEBI on how gold and silver will be valued in ETFs. Till date, ...