SEBI proposes new ETF pricing bands to curb mispricing

Vaishnavi Mishra, Published on Feb 15th, 2026

SEBI proposes new ETF pricing bands to curb mispricing

To curb mispricing, SEBI proposed using indicative net asset value (NAV) from the previous trading day to calculate ETF price bands and replacing the fixed plus or minus 20% price band with a dynamic price band. For gold and silver ETFs, SEBI proposed removing the fixed bands entirely, with limits instead aligned with daily price limits applicable for derivative contracts.

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