Intraday NAVs to be disclosed for ETFs

The popularity of exchange-traded funds (ETFs) has been on a rise. However, one apprehension has been a source of worry for investors - figuring out whether they are buying and selling their ETF units at a fair value. To provide some context, ETFs can be bought and sold on stock exchanges at the traded market prices just like equity shares. But notably, these market prices can (and often are) significantly different from their NAVs which are derived from the prices of the underlying securities they hold. For instance, a unit of an ETF may have an NAV of Rs 100 but it might be trading at a price of Rs