NEW DELHI: After attracting funds in October, gold exchange-traded funds (ETFs) witnessed a net outflow of Rs 195 crore last month primarily due to profit booking amidst a rally in the markets.
In comparison, the segment had attracted a net inflow of Rs 147 crore in October and Rs 330 crore in September. Prior to that, gold ETFs saw a net withdrawal of Rs 38 crore in August, data with Association of Mutual Funds in India (Amfi) showed.