“SEBI Board’s approval for enabling regulatory provisions leading to participation of mutual funds and portfolio management services (PMS) in the commodity derivatives market is a positive and a significant step from the regulator. Institutional participation will play an important role in adding liquidity and depth to the commodity derivatives market, leading to enhanced efficiency in price discovery and risk management. Moreover, this will provide the Indian investors easy access to a new asset class and cater to their diversified investment and trading needs.”