Tag: Gold exchange-traded funds

NEW DELHI: Gold exchange-traded funds (ETFs) attracted Rs 1,028 crore in August, making it the highest inflow in 16 months, amid continued hikes in interest rates in the US, which led to a slowing down in growth rate there.With this, the year-to-date inflow in the category has reached more than Rs 1,400 crore, data with the Association of Mutual Funds in India (Amfi) showed.Apart from inflow, the asset base of Gold ETFs and investors' account or folio numbers increased in the period under review.According to data, gold-linked ETFs...