Gold ETFs see Rs 77 crore outflow despite surging prices in March — What’s going on?

Gold ETFs see Rs 77 crore outflow despite surging prices in March — What’s going on?

Gold has held a special place in the hearts and home of Indian buyers. It is more than a metal. Gold prices in India and globally have been hitting all-time highs in recent weeks, driven by escalating geopolitical tensions, fears of recession, a weakening U.S. dollar, and continued central bank buying. Despite this rally, gold … Read more

MFs in November: Debt fund inflows slumped 92%. Should you be concerned?

MFs in November: Debt fund inflows slumped 92%. Should you be concerned?

Mutual funds: In November, inflows into debt funds saw a significant drop to Rs 12,916 crore, marking a 92% decrease from the Rs 1.57 lakh crore recorded in October. This steep decline can be attributed to a combination of factors including liquidity constraints, tax obligations, and market fluctuations. Liquid funds experienced the largest outflows, with net … Read more