INCOME TAX27 Sept 2026
Your gold or silver ETF holds physical bullion: Here's what SEBI's new vault rules mean for investors | Mint
SEBI has approved changes to its vault manager rules. Physical bullion behind gold and silver exchange traded funds (ETFs) will now sit under one common framework. This affects ETF investors who hold units in demat accounts, while the actual metal is stored in vaults. Storage, security, segregation and accounting rules get stronger. Check your fund house's disclosures on how the bullion is kept.
Key Statutory Highlights
- SEBI approved these changes at its 215th board meeting on Thursday.
- The revised framework will cover vaulting services for bullion underlying SEBI-specified instruments, including gold and silver ETFs and bullion derivatives.
- Until now, the Vault Managers Regulations introduced in 2021 mainly covered gold underlying Electronic Gold Receipts (EGRs).
Actionable Advice for Taxpayers / Founders:You may want to review your fund house's latest disclosures on how the bullion backing your gold or silver ETF is stored, insured and reconciled, and keep an eye out for updated scheme documents.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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