India’s retail investors are increasingly targeting Gold ETFs, according to recently released data. The Association of Mutual Funds of India (AMFI) reported on Tuesday that investments in Gold ETFs hit a record ₹24,040 crore in January. This is more than double the ₹11,647 crore invested in December, highlighting a sharp rise in investor interest.
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In terms of investment figures, Gold ETFs have even surpassed actively managed equity mutual funds. In January, ₹24,029 crore was invested in such mutual funds, which is lower compared to December. However, the increase in mutual fund investments in January was primarily seen in flexicap funds.
Understanding Gold ETFs and global trends
A Gold ETF is a passive investment instrument whose value fluctuates with gold prices. It allows investors to benefit from gold price movements without physically buying gold. Like stocks, Gold ETFs can be bought and sold on the stock market. Reports indicate that until January 31, ₹1.84 lakh crore has been invested in the Gold ETF segment.
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Not just in India, but the World Gold Council has also reported high demand for Gold ETFs in global markets. Investment figures and gold price increases in January have reached new records internationally, reflecting the growing appeal of Gold ETFs as a preferred investment option.
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