Gold ETF Inflows Fall 47.22% in February Despite Record Prices, UTI Leads Returns – AUM Grows 7% to Rs 55,677 Cr

In February, Gold ETFs in India experienced a 47.22% drop in inflows, amounting to Rs 1,979 crore, despite soaring gold prices, indicating a trend of profit-taking and investors exploring opportunities in the equity market. However, compared to the previous year, there was a significant 99% increase in inflows. UTI Gold ETF emerged as a frontrunner with impressive returns of 3.70%. Gold continues to be a crucial asset for portfolio diversification, especially in times of global uncertainty, with the total Assets Under Management (AUM) growing by 7% to reach Rs 55,677 crore. This data underscores the enduring appeal of gold as a safe-haven investment and highlights its resilience in the face of market fluctuations.

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