For other goods, it has to be done by the immediate next expiry day of the contract
Underlining that mutual fund schemes cannot invest in physical goods except in gold through gold ETFs, Sebi
modified its nearly a year-old directives on disposal timeline for physical goods held by the mutual fund schemes towards physical settlement of exchange traded commodity derivative contracts, in which they might have invested.
In a circular, the Securities and Exchange Board of India (Sebi) said that disposal time is now 180 days for physical gold and silver
For other goods, it has to be done by the immediate next expiry day of the contract.
However, if the final expiry date of the goods falls before the immediate next expiry day of the same contract series of the said commodity, then it has to be done within 30 days from the date of holding of physical goods, the regulator added.
Earlier this time was 30 days for all goods.