Gold Exchange Traded Funds (ETFs) in India witnessed a significant decline in inflows by 47.22% to Rs 1,979 crore in February, despite soaring gold prices, indicating a trend of profit-taking and investors exploring opportunities in the equity market. However, there was a substantial 99% increase in inflows compared to the previous year. The UTI Gold ETF emerged as the frontrunner with a remarkable 3.70% returns. Gold continues to be a crucial asset for portfolio diversification, especially in times of global economic uncertainty, leading to a 7% growth in Assets Under Management (AUM) to reach Rs 55,677 crore. This data underscores the enduring relevance of gold as a safe-haven investment option even in the face of volatile market conditions.<\/p>\n","protected":false},"excerpt":{"rendered":"
Gold Exchange Traded Funds (ETFs) in India witnessed a significant decline in inflows by 47.22% to Rs 1,979 crore in February, despite soaring gold prices, indicating a trend of profit-taking and investors exploring opportunities in the equity market. However, there was a substantial 99% increase in inflows compared to the previous year. The UTI Gold […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":""},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/65598"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=65598"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/65598\/revisions"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=65598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=65598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=65598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}