Mutual Fund AUM Rises to ₹14 Lakh Crore as Gold ETFs Lead Inflows

MF AUM grew to ₹14 lakh crore in October, driven by heavy gold ETF inflows while equity fund flows moderated.

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Mutual Fund AUM Rises to ₹14 Lakh Crore as Gold ETFs Lead Inflows

Mutual Fund AUM Rises to ₹14 Lakh Crore as Gold ETFs Lead Inflows
Passive mutual fund assets climbed 5% in October to ₹14 lakh crore, supported by strong ₹7,743 crore inflows into gold exchange traded funds. This momentum came as investors shifted capital into commodity-backed funds amid global rate uncertainty and persistent equity market volatility. Meanwhile, overall equity mutual fund inflows softened 8.8% to ₹6,026 crore, suggesting cautious optimism among retail participants. 
Companies:
  • Bandhan Mutual Fund
Tags:
  • mutual funds
  • markets