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On the auspicious occasion of Akshaya Tritiya, a day traditionally associated with prosperity and gold purchases, Nippon India Mutual Fund (NIMF) recorded a commanding Rs. 404 crore in combined volumes across its gold and silver ETFs, capturing a significant 63% of the total industry volume in this segment.
The higher volume traded on NIMF’s ETFs reflects its market liquidity—an essential feature for investors looking to minimize tracking error and reduce impact cost, say the fund house.
In a press release, Arun Sundaresan, Head ETF, Nippon Life India Asset Management said, “We have been witnessing increased investor interest in gold and silver through the ETF route. ETFs offer a convenient means to invest into these precious commodities, allowing investors easily to invest and withdraw anytime without the hassle of having to store them physically and not worry about aspects like purity, safety and storage costs. Nippon Gold and Silver ETFs being the largest and the most liquid are investor-favourites, attracting nearly 60% of the traded volumes. Higher volumes tend to result in lower impact cost, directly benefiting investors.”
For the financial year 2024–25, the fund house captured a robust 60% share of the industry’s average daily volume in gold and silver ETFs.
Currently, NIMF has the largest ETF investor base in the country with 1.43 crore investors—comprising 53% of the total ETF investors across the industry.
The fund house said, “With consistent performance, superior liquidity, and strong investor trust, Nippon India Mutual Fund continues to solidify its position as the go-to choice for gold and silver ETF investments in India.”
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