GOLD ETF AUM

ETFs now constitute close to 13% of the total Mutual Fund Industry AUM indicating the remarkable adoption of ETFs by retail investors in India, according to a study by Zerodha Fund House.

Gold ETF schemes added 136,772 folios in May, a 12.5% year-on-year increase. Investors are increasingly choosing Gold ETF mutual schemes for reasons like easy availability and low investment ticket size.

In April, contra/value equity mutual funds witnessed a 68% AUM jump to Rs 1,57,946 crore, attracting investors with a higher risk appetite. These funds invest in out-of-favour or undervalued stocks, offering potential returns amid market volatility.

Index funds gain popularity, with AUM rising 30% to Rs 9.6 lakh crore in a year. Over 40 funds yield 50-100% returns. Index funds offer low-cost and straightforward equity market exposure.

According to the Association of Mutual Funds in India, the number of SIP accounts has more than tripled from 2.73 crore in June 2019 to 8.70 crore in April 2024, while the number of mutual fund folios has surged by 118% from 8.32 crore in May 2019 t...

Gold ETFs in India experienced a staggering 565% increase in assets under management (AUM) between June 2019 and April 2024, coinciding with the Modi government's second term. The surge in AUM, from Rs 4,930.44 crore to Rs 32,789 crore, correlates w...

April's preliminary US economic data shows unexpected strength in durable goods orders, rising 0.70% against a predicted -0.80% decline. Even excluding transportation, the sector grew 0.4%, surpassing the 0.20% forecast. Consumer sentiment, measured...

After a generally weak March and April, gold demand was resurgent ahead of and around the Akshaya Tritiya festival on 10 May. Considered one of the two most important days for buying gold traditionally, anecdotal evidence suggests that demand exceed...

Silver ETFs outperformed smallcap and largecap mutual funds in 2024, with a 26% return so far. Silver funds, dedicated to investing in silver, delivered an average return of 26.08% in 2024, with top performers including HDFC Silver ETF and UTI Silve...

The assets under management (AUM) of gold ETFs rose by 43% YoY to a record Rs 32,789 crore while the total folio count reached 51 lakh, the data from Association of Mutual Funds in India (AMFI) showed. The total inflow in the past 12 months was Rs 5...

Apart from the Liquid ETF, the fund house manages three schemes - Zerodha Nifty LargeMidcap 250 Index Fund, Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund and Zerodha Gold ETF.

Gold's enduring appeal in India extends beyond symbolizing wealth, outperforming Nifty. Central Banks favor Gold amid dollar risks, while QE and rising debts support its safe-haven status. Diversify portfolios with Gold ETFs for stable returns.

Despite the decline, the asset under management (AUM) of gold funds rose 5% to ₹32,789 crore at April-end from ₹31,224 crore in the preceding month, according to the data with the Association of Mutual Funds in India (Amfi).

Gold ETFs have seen exponential growth, with assets doubling to Rs 33,000 crore in three years. In the last one year, gold ETFs have offered an average return of 15.47%.

Zerodha mutual fund manages four mutual fund schemes which include only passive funds.

Even though contributions by Employees’ Provident Fund Organisation (EPFO) account for the majority of assets in ETFs, individual investors have been increasing their allocations in ETFs.

The sectoral/thematic funds have continued to gain traction in February witnessing an increase in AUM by 134%. The category witnessed the highest inflows of Rs 11,262.72 crore in February, compared to Rs 4,804.69 crore in January. Large and midcap f...

With ongoing geo-political tensions and US inflation still higher than the desired number, the appeal of Gold as safe haven and hedge against inflation is expected to continue, Melvyn Santarita, Analyst at Morningstar Investment Research India, said.

"Higher inflation and subsequent hike in interest rates augured well for gold. Moreover, heightened geopolitical tension triggered due to the war between Israel and Hamas made it an attractive and safe investment destination for investors," Himanshu...