India’s love affair with Gold and Silver ETFs reached new heights in January, with AUM crossing ₹3 lakh crore and inflows topping ₹33,000 crore, AMFI data shows. From ₹1 lakh crore in August, this fivefold momentum defied price volatility, drawing record crowds.
Participation metrics are eye-popping: Gold folios swelled 42% to 1.14 crore; Silver quadrupled to 47.85 lakh. Gold absorbed ₹24,039 crore, Silver ₹9,463 crore – surpassing equity’s ₹24,029 crore, a stark turnaround from December’s metal lag.
Analysts link it to safe-haven seeking amid macro risks. Recommendations: Cap exposure at 10-15%, invest systematically. Equity AUM stood at ₹34.86 lakh crore, debt ₹18.90 lakh crore.
‘Flows persisted through volatility, anchored by SIPs and long-term India equity faith,’ says Morningstar’s Himanshu Shrivastava. Large-cap/focused funds accelerated; mid/small-caps tapered.
In a landscape of flux, this ETF surge exemplifies prudent strategy: fortifying portfolios against shocks while riding India’s ascent. Precious metals aren’t just relics – they’re modern wealth preservers.