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<h1>SEBI Updates Rules on Mutual Funds in Commodity Derivatives: New Timelines for Gold, Silver, and Other Goods Disposal.</h1> The Securities and Exchange Board of India (SEBI) issued a circular modifying a previous directive on mutual funds' participation in the commodity derivatives market. Mutual fund schemes are prohibited from investing in physical goods, except gold through Gold ETFs. However, if mutual fund schemes engage in exchange-traded commodity derivatives (ETCDs) and must hold physical goods due to contract settlements, they must dispose of these goods within specified timelines: 180 days for gold and silver, and by the next contract expiry or within 30 days for other goods. Other conditions from the previous circular remain unchanged.