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SEBI has extended the implementation deadline for its June 15, 2026 circular on ETF base price, price bands, pre-open call auction and close-out procedure from September 1 to September 7, 2026, following feedback from Stock Exchanges.
SEBI Circular No. HO/47/11/11(1)2026-MRD-POD3/I/19839/2026 dated August 28, 2026.
28 August 2026Eff. 7 September 20267 min
SEBI Notification SEBI/LAD-NRO/GN/2026/308 dated 3 July 2026 replaces the annual custodian fee (₹10,00,000 or 0.0005% of AUC) with a monthly fee (₹85,000 or 0.0000416% of AUC), payable within 15 days of month-end, effective 1 October 2026.
Securities and Exchange Board of India (Custodian) (Amendment) Regulations, 2026
9 July 2026Eff. 1 October 20269 min
SEBI’s June 15, 2026 circular updates ETF trading rules with a new T-1 VWAP-based base price, dynamic bands for equity and debt ETFs, fixed ±5% bands for overnight and liquid ETFs, pre-open call auction for commodity ETFs, and revised close-out rules.
Norms for Base Price, Price Bands, Call Auction in pre-open session and Close-out procedure for Exchange Traded Funds (ETFs)
16 June 2026Eff. 1 September 202628 min