Gold Exchange Traded Funds (ETFs) in India experienced a significant decrease in inflows in February, dropping by 47.22% to Rs 1,979 crore, despite gold prices reaching record highs. The decline in inflows can be attributed to profit-taking by investors and the allure of opportunities in the equity markets. Nevertheless, there was a notable 99% increase in inflows compared to the same period last year. UTI Gold ETF emerged as the frontrunner with returns of 3.70%. Gold continues to serve as a crucial component for portfolio diversification, especially in times of global uncertainty. The Assets Under Management (AUM) for gold ETFs witnessed a growth of 7% to reach Rs 55,677 crore. Investors are drawn to gold ETFs as a way to gain exposure to the precious metal without the need for physical ownership. Despite the recent drop in inflows, the long-term outlook for gold ETFs remains positive, given the ongoing economic uncertainties and market volatility.<\/p>\n","protected":false},"excerpt":{"rendered":"
Gold Exchange Traded Funds (ETFs) in India experienced a significant decrease in inflows in February, dropping by 47.22% to Rs 1,979 crore, despite gold prices reaching record highs. The decline in inflows can be attributed to profit-taking by investors and the allure of opportunities in the equity markets. Nevertheless, there was a notable 99% increase […]<\/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\/65690"}],"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=65690"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/65690\/revisions"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=65690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=65690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=65690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}