Gold mutual funds (MFs) have been the mainstay of investors’ portfolio for years for diversification into commodities. However, over the past year, silver exchange-traded funds (ETFs) have also been getting decent inflows.
Data available with the Association of Mutual Funds in India (AMFI) showed that since April 2023, the first time when the MF industry body started reporting silver fund inflows, silver ETFs have received Rs 7,683 crore net inflows, compared to Rs 10,588 crore in gold ETFs.
