After three straight quarters of outflows, gold exchange-traded funds (ETFs) attracted Rs 298 crore in the April-June period, and experts believe that investors will continue to invest some portion of their assets in the safe haven product. However, the inflows were down by almost 80 per cent compared to the year-ago period.
On the other hand, the asset base of gold ETFs and investors' account or folio numbers increased in the quarter under review, the Association of Mutual Funds reported.
