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Gold ETFs outflow continues, Rs 183 cr pulled out in July

Gold ETFs outflow continues, Rs 183 cr pulled out in July

Investors remained bearish on gold exchange-traded funds (ETFs) in July and pulled out Rs 183 crore from this instrument, taking the total to Rs 411 crore in the first four months of the current fiscal, mainly on account of profit-booking.

Peerless MF relaunches Child Plan as 3 in 1 Fund

The Fund is an open-ended hybrid scheme which invests in debt, gold ETFs and equity in a manner that optimises risk.

Gold ETFs record Rs 1,300 cr outflow in first 10 months of FY'15

According to the latest data available with Association of Mutual Funds in India (AMFI), gold ETFs witnessed an outflow of Rs 1,290 crore during April-January period of the current fiscal (2014-15) by MFs.

India's gold imports down 5.7% in Q1 2013; demand up 27%: WGC

India's gold imports dropped by 5.7 percent to 215 tonnes in the January-March period of 2013, even as its demand rose by 27 percent to 256.5 tonnes, World Gold Council (WGC) said on Thursday.

'Gold ETFs to face redemption pressure if price keeps falling'

Amid liquidation of gold Exchange Traded Funds (ETF) in the global markets due to the ongoing fall in gold prices, fund houses on Monday said redemption pressure will certainly rise if the price fall continues.

Gold ETFs unlikely to lose sheen despite fall in prices

Despite the falling prices of the yellow metal, gold ETFs (exchange traded funds) will remain attractive as an asset class in the near future, say industry players.

Gold funds break seven-month uptrend; AUM slips below Rs12K crore

The net outflows, although of a small amount of Rs 8 crore, also led to the total assets managed by these ETFs slipping below Rs 12,000 crore mark at the end of February.

RBI mulling financial products to check gold imports

Concerned over rising gold imports, the Reserve Bank on Wednesday said it is planning to come out with financial products on the lines of gold ETFs to give options to investors to take advantage of price movement in the precious metal.

No of retail investors rise in debt funds, gold ETFs in FY12

The number of retail investors opting to invest in debt oriented funds and gold ETFs went up during the last fiscal as equity market remained subdued, a Crisil report said.

Gold ETF trade value jumps 44% to Rs 6.08 billion on Akshaya Trithiya

The trade value of gold exchange-traded funds on India's National Stock Exchange Tuesday rose 44 percent from a year earlier to Rs 6.08 billion on the occasion of Akshaya Trithiya, an auspicious day for buying gold for many Hindus.

Akshaya Tritiya: Gold ETFs worth Rs 608 cr trade on NSE

Gold ETFs worth Rs 608 crore were traded on NSE on Tuesday on Akshaya Tritiya -- considered an auspicious occasion to buy gold.

Jewellers body seeks abolition of gold ETFs

National jewellers body All India Gems and Jewellery Trade Federation (GJF) has suggested abolition of gold ETFs to prevent the shift from buying the precious metal from jewellers.

Gold ETFs shine in July, return nearly 5.5%

Diversified equity mutual funds fell less than the BSE Sensex in July, as significant exposure to shares of mid- and small-cap companies helped limit losses.