Currently, equity, debt and commodity ETFs are subject to a fixed 20% price limit, while overnight ETFs operate with a 5% band. These bands are applied on a base price derived from the ETF's net asset value (NAV) two trading days ago (T-2).
SEBI has announced a significant overhaul of the ETF trading framework, introducing dynamic price bands to replace the current fixed limits. Previously, equity, debt, and commodity ETFs were capped at 20% and overnight ETFs at 5%, based on their T-2 net asset value. This new…
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