Investors showed enthusiasm towards Gold Exchange Traded Funds (ETFs), which are considered a safe haven during uncertain times, and pulled out money last month in April and subsequently invested Rs 125 crore. These figures tell us the Association of Mutual Funds in India (AMFI) shows.
India Gold ETFs
Gold ETFs Register ₹570 Crore Out-flow in 2018
Gold Silver Reports (GSR) – The outflow meant asset under management (AUM) of gold funds plunged by 6% from 2017 to ₹4,571 crore in 2018, data with Association of Mutual Funds in India (Amfi) showed.