Gold ETFs continue to dazzle

GOLD ETFs KEPT attracting high investor interest in October with net inflows of =7,743 crore, after a record-setting September with %8,363-crore inflows, showed data from the Association of Mutual Funds of India (Amfi).

- NESIL STANEY

Cumulative net inflows in gold ETFs hit $27,573 crore in 2025.

“Gold continued to attract tactical allocations, supported by an improving global sentiment,” said Kartik Jain, MD & CEO, Shriram AMC. Total assets under management for the gold ETF category surpassed 1.02 lakh crore in October. Gross flows to index funds, gold and other ETFs collectively stood at = 42,113 crore.

India ranked third globally in gold ETF inflows in October. Returns from major gold ETFs were above 60% in the last one year.