Page 5 - Gold Etfs

Budget 2023 demands: Mutual Fund body asks for preferential tax treatment

To encourage retail investors to invest in yellow metal through mutual fund route, industry body Amfi has asked the government for preferential tax treatment for Gold ETFs and Fund of Funds ahead of the Union Budget. In its budget proposals for 2023-24 to the finance ministry, Amfi has proposed that Gold ETFs and Fund of Funds (FoF), which invest 90 per cent or more of their corpus in units of Gold ETFs, should be subjected to long-term capital gains tax of 10 per cent instead of 20 per cent with indexation benefit. Alternatively, it has suggested that holding period to avail long-term capital gains taxation in respect of Gold ETFs (exchange traded funds) should be reduced from existing three years to one year. "A preferential tax treatment to financial gold offerings like Gold ETFs and Fund of Funds ...will promote the category as a gold investment avenue over other fiscally inefficient avenues like physical gold and gold jewellery. This move will be in line with the government's

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

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

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

Long-term investors should invest in gold through SGBs, say experts

Those who desire liquidity should opt for a gold ETF having low expense ratio and high volume

20% allocation in gold ETF a better investment strategy: Quantum AMC

At a time when there are many risks and uncertainties in the global economy, a 20 per cent allocation to gold ETFs in an investment portfolio during Diwali is ideal, said Quantum AMC

Fed-induced market volatility could spur demand for gold: Experts

Use current correction to build a 10-15% allocation to yellow metal

Gold ETFs see outflows for second month as equity markets extend gains

In August, gold ETFs logged outflows of Rs 38 crore, extending their two-month outflows to nearly Rs 500 crore

Gold ETFs log first monthly outflows in five months, shows data

The latest bout of outflows come amid a sharp surge in the equity markets

Gold ETFs log Rs 457 crore outflow in July as investors rebalance portfolio

Gold Exchange Traded Funds (ETFs) witnessed a net outflow of Rs 457 crore in July as investors parked their money in other asset classes as part of their portfolio rebalancing strategy.

Gold underperforming but make it part of your inflation-combating portfolio

It may underperform in the near term, but could bounce back if fears of a US recession gain ground

Gold ETFs witness third straight month of inflows; AUM rises 10% YTD

But the quantum of inflows, at Rs 203 crore, was much lower than the Rs 1,100 crore seen in April

Gold ETFs see modest inflows of Rs 205 crore in March, shows data

The category's net assets under management at the end of March stood at Rs 19,280 crore

Gold and silver ETFs gain as geopolitical tension over Ukraine escalates

In the past one month, silver funds have returned 7.34%, gold funds on an average are up by about 6%. In comparison, Nifty is down 4%

Gold ETFs attract Rs 4,814-cr in 2021 on inflation, higher mkt valuations

The global recovery and improved investor sentiment resulted in gold ETF flows sobering down in 2021 compared to the pandemic year.

Gold ETFs attract Rs 683 cr in November on emergence of Omicron

Gold ETFs continue to attract investor attention and have garnered net assets worth Rs 683 crore in November

Buy gold on dips in the short term as a hedge against rising prices

Amid a global surge in inflation and rising crude oil prices, markets expect central banks to hike interest rates sooner than expected

Gold ETFs attract Rs 303 crore in Oct on festive season demand

Gold exchange-traded funds (ETFs) continue to attract investor attention as they garnered net assets worth Rs 303 crore in October due to festive season demand. This was, however, lower than the net inflow of Rs 446 crore seen in September. Before this, the segment saw a net inflow of Rs 24 crore in the previous month, data with Association of Mutual Funds in India (Amfi) showed. "Gold ETFs saw a faithful inflow during October too of about Rs 303 crore. As expected, the festivities kept the asset class in demand. Gold sale level this Dhanteras at 50 tonnes was almost 20 tonnes more than the 2019 Dhanteras," Priti Rathi Gupta, founder, LXME, said. Investors might have chosen to buy physical gold given October is a festive month, Himanshu Srivastava, Associate Director Manager Research, Morningstar India, said. "The lower quantum of net inflow in October compared to the previous month could be attributed to the surge in gold prices in October that could have held investors back from

Gold ETFs attract Rs 446-cr in Sep; inflow may continue in coming months

With this, gold ETF category has received a net inflow of Rs 3,515 crore so far. The segment witnessed just one month of net outflows, which was in July.

Use the current phase of correction to build your allocation to gold

It can act as hedge against high inflation or slowdown

Glittering again: Investors flock to gold ETFs, shows Amfi data

The data from Association of Mutual Funds in India (Amfi) shows that gold ETFs saw net inflows of Rs 446 crore in September