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Investors Flock to Gold ETFs Amid Market Volatility
April 14, 2025
|Hindustan Times Ranchi
Retail investors grabbed a golden opportunity to book profits on gold in March as heightened market volatility and stock price corrections soured their return expectations from equities.
MUMBAI: Equity fund inflows fell to an 11-month low last month, while investors cashed out on the precious metal, capitalizing on its outperformance during these uncertain times.
According to the latest data from the Association of Mutual Fund Industry (Amfi), released Friday, gold exchange-traded funds (ETFs) saw net outflows of around ₹77 crore in March—the first time in over a year—as investors rushed to take gains amid soaring gold prices.
"Gold has been consistently hitting all-time highs since the start of the year. Hence, people who invested in the past six months or maybe a year back might have booked profits in March," said Satish Dondapati, manager of passive funds at Kotak Mutual Fund.
هذه القصة من طبعة April 14, 2025 من Hindustan Times Ranchi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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