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  • News From Press Gold ETFs record Rs 900 crore outflow in 2015, AUM down 20%

    Gold ETFs record Rs 900 crore outflow in 2015, AUM down 20%

    Source: PTI/ The Economic Times Jan 15, 2016

    Investors continued to pull out money from gold exchange-traded funds (ETFs) last year and withdrew close to Rs 900 crore, shrinking asset base of such products by around 20 per cent.

    It also marked the third consecutive year of outflow from gold ETFs. The pace of outflow slowed, however, in 2015 compared with the preceding two years on account of sluggish equity market trends, experts said.

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