Latest Himanshu Srivastava News & Updates

Gold ETFs See 50% Surge in India, Outpacing Equity Mutual Funds

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New Delhi, Feb 10 (IANS) Gold exchange-traded funds (ETFs) saw a steep 50 per cent rise in India in the month of January, with their monthly inflows exceeding the entire equity mutual fund segment, according to data released by the Association of Mutual Funds in India (AMFI) on Tuesday.Gold ETF inflows surged to about Rs 24,040 crore in January, more than double the Rs 11,647 crore in December, making gold one of the standout segments for the month.Meanwhile, equity mutual fund inflows stood at …