# SEBI mulls FPI, mutual fund entry to deepen commodity derivatives 2026-08-12T18:43:28+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet SEBI chairman Tuhin Kanta Pandey said on Wednesday the regulator is assessing policy changes to bring FPIs and mutual funds into commodity derivatives to build market depth and attract hedgers. A consultation paper on FPI participation in exchange-traded commodity derivatives was released on Tuesday. Pandey stressed the need for a reliable benchmark price for mutual funds to replace the current close-of-trade system, which he said carried a high probability of manipulation. The regulator has also submitted proposals to the GST Council Secretariat for a unified IGST model on commodity deliveries, instead of separate state-level SGST registrations for warehouses. On retail safety, Pandey said a detailed analytical report on options trader losses, which will cover not just retail but well-capitalised traders, will be published shortly. He cautioned that expiry day options trading carries severe operational complexity and heavy losses are continuing. ## Coverage - legal.economictimes.indiatimes.com Tags: commodity derivatives, FPI, GST, mutual funds, options trading, SEBI Canonical: https://indianopinion.org/sebi-mulls-fpi-mutual-fund-entry-to-deepen-commodity-derivatives/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/sebi-mulls-fpi-mutual-fund-entry-to-deepen-commodity-derivatives/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.