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Gold ETFs saw a first net outflow of Rs 396 crore in April since March 2023 due to profit-taking.
Gold ETFs experienced a net outflow of Rs 396 crore in April, the first since March 2023, due to profit-taking.
Despite this, gold funds' asset under management rose 5% to Rs 32,789 crore at April-end from Rs 31,224 crore in March.
Gold ETFs had a net withdrawal of Rs 396 crore in April, compared to an inflow of Rs 373 crore in March.
The last net outflow was in March 2023, at Rs 266 crore.
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Los ETF de oro experimentaron una primera salida neta de 396 millones de rupias en abril desde marzo de 2023 debido a la toma de ganancias.