Gold ETF inflows surged more than 570% month-on-month in June while silver ETFs followed suit with nearly 300% M-o-M jump in the same period, according to the latest data by Association of Mutual Funds in India (AMFI).
The monthly data showed that gold ETFs received an inflow of Rs 3,443 crore in June against an outflow of Rs 725 crore in the previous month, which was the first outflow from the category in the last one year. On a monthly basis, gold ETFs saw a jump of 575%.
