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Gold ETF flows shrink despite superior returns, shows Amfi data

Between October 2021 and September 2022, gold prices rose over 9.5 per cent even as ETF inflows shrunk to a half

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The gold prices have corrected in October, bringing down the one-year return of most gold ETFs to below 6 per cent as on October 20

Abhishek Kumar Mumbai

3 min read Last Updated : Oct 21 2022 | 10:37 PM IST

Net investments in gold exchange traded funds (ETFs) more than halved in the last one-year ending September 2022, a period when gold outperformed most other asset classes with over 9.5 per cent return.

Data from the Association of Mutual Funds in India (Amfi) shows that investors infused a net of Rs 2,094 crore into gold ETFs between October 2021 and September 2022, as against Rs 4,188 crore during the same period a year ago.

During the same time, gold was staging a recovery after its prices remained subdued for over a year. February 2022 was the first time in 12

Topics : Gold ETF Amfi gold exchange ETF industry ETF funds Investors Gold ETFs Central banks MF distributors Association of Mutual Funds in India ICRA Gold Prices

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