Investors don't take a shine to gold exchange-traded funds, shows data

One-year returns, however, better than most equity, debt funds

Gold exchange-traded funds (ETFs) continue to be off investor radar as net inflows came in at a paltry Rs 147 crore in October. Since the start of calendar year 2022 (CY22), monthly net inflows into gold ETFs have either remained low (in the range of Rs 100-350 crore) or in negative territory.

Net inflows were on the higher side only once in CY22, when the figure touched Rs 1,100 crore in April, reveals data from the Association of Mutual Funds in India.

Gold has not done well as an asset class in the past year.

According to Value Research data, gold ETFs