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Passive Fund AUMs in India Rise 5.2% in October, Gold ETFs Lead the Growth
India’s passive fund assets under management (AUM) saw a notable increase of 5.2% in October, reaching ₹13.67 lakh crore. This growth was primarily driven by a surge in gold exchange-traded fund (ETF) inflows, which amounted to ₹7,743 crore. The increase in gold ETF investments reflects growing investor demand for safe-haven assets amid market uncertainty and global economic concerns.
The robust inflows highlight the shift towards passive investment strategies and the increasing popularity of gold as a hedging instrument in India’s evolving investment landscape.
Tags:
- mutual funds
- gold ETFs
positive
Passive Fund AUMs in India Rise 5.2% in October, Gold ETFs Lead the Growth
India’s passive fund assets under management (AUM) saw a notable increase of 5.2% in October, reaching ₹13.67 lakh crore. This growth was primarily driven by a surge in gold exchange-traded fund (ETF) inflows, which amounted to ₹7,743 crore. The increase in gold ETF investments reflects growing investor demand for safe-haven assets amid market uncertainty and global economic concerns.
The robust inflows highlight the shift towards passive investment strategies and the increasing popularity of gold as a hedging instrument in India’s evolving investment landscape.
Tags:
- mutual funds
- gold ETFs
1 min read
82 words
Passive fund AUMs in India rose 5.2% in October to ₹13.67 lakh crore, driven by gold ETF inflows of ₹7,743 crore, highlighting safe-haven demand.
India’s passive fund assets under management (AUM) saw a notable increase of 5.2% in October, reaching ₹13.67 lakh crore. This growth was primarily driven by a surge in gold exchange-traded fund (ETF) inflows, which amounted to ₹7,743 crore. The increase in gold ETF investments reflects growing investor demand for safe-haven assets amid market uncertainty and global economic concerns.
The robust inflows highlight the shift towards passive investment strategies and the increasing popularity of gold as a hedging instrument in India’s evolving investment landscape.
India’s passive fund assets under management (AUM) saw a notable increase of 5.2% in October, reaching ₹13.67 lakh crore. This growth was primarily driven by a surge in gold exchange-traded fund (ETF) inflows, which amounted to ₹7,743 crore. The increase in gold ETF investments reflects growing investor demand for safe-haven assets amid market uncertainty and global economic concerns.
The robust inflows highlight the shift towards passive investment strategies and the increasing popularity of gold as a hedging instrument in India’s evolving investment landscape.
Tags:
- mutual funds
- gold ETFs
- mutual funds
- gold ETFs
- AUM
- India
- passive funds