Latest news with #NehalMeshram
Hans India
13 hours ago
- Business
- Hans India
Gold ETFs back in focus
New Delhi: After a two-month outflow, Gold Exchange Traded Fund (ETF) experienced a net inflow of Rs 292 crore in May driven by resilient gold prices and sustained global uncertainties. The inflow led to an expansion in the category's assets under management to Rs 62,453 crore in May from Rs 61,422 crore in April, latest data with the Association of Mutual Funds in India (Amfi) showed. Going by the data, Gold ETFs witnessed an inflow to the tune of Rs 292 crore last month, marking an improvement from outflow of Rs 6 crore in April and Rs 77 crore in March. "The renewed traction in May signals a gradual return of investor interest, likely driven by resilient gold prices and sustained global uncertainties that reinforce gold's appeal as a strategic hedge," Nehal Meshram, Senior Analyst – Manager Research at Morningstar Investment Research India, said.
Economic Times
a day ago
- Business
- Economic Times
Gold ETFs see inflows of Rs 292 crore in May after two straight months of outflows
Gold ETFs saw inflows of Rs 292 crore in May, reversing a two-month streak of outflows. Gold-based ETFs have received inflows in May of Rs 292 crore after two straight months of outflows, according to the Association of Mutual Funds in India (AMFI). In March and April, gold ETFs saw an outflow of Rs 77.21 crore and Rs 5.82 crore, respectively. 'The renewed traction in May signals a gradual return of investor interest, likely driven by resilient gold prices and sustained global uncertainties that reinforce gold's appeal as a strategic hedge. The uptick also shows that investors are regaining confidence in gold, as it continues to offer stability amid mixed signals from equity and bond markets,' said Nehal Meshram, Senior Analyst – Manager Research, Morningstar Investment Research India. Also Read | Midcap and smallcap mutual funds witness decline in inflows. Are investors shifting focus? 'Furthermore, the relative stability in gold prices through May have provided a more attractive entry point for investors looking to build or rebalance allocations toward safer assets,' Nehal added. According to Motilal Oswal Private Wealth, global gold demand hit a Q1 record in 2025, driven by strong ETF inflows and continued central bank buying despite a slowdown from last year, while jewelry demand fell sharply due to high prices. The investment demand saw a dramatic 170% year-on-year rise, driven by a strong rebound in gold ETF inflows, particularly in Europe, Asia, and India. The investment in gold ETFs led to a significant jump in gold investment demand in Q1 2025, reaching 552t, marking a 170% year-on-year increase, the report said. 'The surge was primarily driven by a sharp revival in gold ETF inflows, which recorded their strongest quarterly demand for three years, and the global gold-backed ETFs saw holdings increase by 226t during the quarter, bringing collective holdings to 3,445t. This was boosted by trade tensions and gold price momentum, with investors rushing for the safety of gold,' the Motilal Oswal Private Wealth report the month of May, gold ETFs offered an average return of 1.10%, with Tata Gold ETF emerging as the topper out of 19 funds in the category. Tata Gold ETF offered a 2.53% return in May. Axis Gold ETF and SBI Gold ETF gave 1.35% and 1.34% returns respectively in the said time period. Also Read | Largecap mutual funds see over 50% decline in May inflows. Profit booking or shift in investor preference? Mirae Asset Gold ETF and Zerodha Gold ETF gave 1.15% returns each in May. UTI Gold ETF, Invesco India Gold ETF, and LIC MF Gold ETF gave 0.50%, 0.26%, and 0.15% returns, respectively, in the same period. The assets under management (AUM) of gold ETFs surged by 2% on a monthly basis to Rs 62,452 crore in May from Rs 61,422 crore in April. 'The resurgence in flows also highlights the growing role of Gold ETFs in strategic asset allocation, especially as investors seek to manage risk in an increasingly uncertain investment environment,' Nehal said. 'While inflows are yet to reach the levels seen earlier in the year, the trend suggests a gradual and measured return of interest in gold, underpinned by its long-term diversification benefits,' added. Gold ETFs are exchange-traded funds that track the price of physical gold. Each unit of a Gold ETF is backed by a specific quantity of gold, usually equivalent to one gram. They are listed on stock exchanges, and you need a demat and trading account to buy and sell them. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@ alongwith your age, risk profile, and Twitter handle.
Time of India
a day ago
- Business
- Time of India
Gold ETFs see inflows of Rs 292 crore in May after two straight months of outflows
Gold-based ETFs have received inflows in May of Rs 292 crore after two straight months of outflows, according to the Association of Mutual Funds in India (AMFI). In March and April, gold ETFs saw an outflow of Rs 77.21 crore and Rs 5.82 crore, respectively. 'The renewed traction in May signals a gradual return of investor interest, likely driven by resilient gold prices and sustained global uncertainties that reinforce gold's appeal as a strategic hedge. The uptick also shows that investors are regaining confidence in gold, as it continues to offer stability amid mixed signals from equity and bond markets,' said Nehal Meshram, Senior Analyst – Manager Research, Morningstar Investment Research India. Also Read | Midcap and smallcap mutual funds witness decline in inflows. Are investors shifting focus? Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 35 & Earning? Protect Your Family with ₹1 Cr Life Cover ICICI Pru Life Insurance Plan Get Quote Undo 'Furthermore, the relative stability in gold prices through May have provided a more attractive entry point for investors looking to build or rebalance allocations toward safer assets,' Nehal added. According to Motilal Oswal Private Wealth, global gold demand hit a Q1 record in 2025, driven by strong ETF inflows and continued central bank buying despite a slowdown from last year, while jewelry demand fell sharply due to high prices. Live Events The investment demand saw a dramatic 170% year-on-year rise, driven by a strong rebound in gold ETF inflows, particularly in Europe, Asia, and India. The investment in gold ETFs led to a significant jump in gold investment demand in Q1 2025, reaching 552t, marking a 170% year-on-year increase, the report said. 'The surge was primarily driven by a sharp revival in gold ETF inflows, which recorded their strongest quarterly demand for three years, and the global gold-backed ETFs saw holdings increase by 226t during the quarter, bringing collective holdings to 3,445t. This was boosted by trade tensions and gold price momentum, with investors rushing for the safety of gold,' the Motilal Oswal Private Wealth report said. In the month of May, gold ETFs offered an average return of 1.10%, with Tata Gold ETF emerging as the topper out of 19 funds in the category. Tata Gold ETF offered a 2.53% return in May. Axis Gold ETF and SBI Gold ETF gave 1.35% and 1.34% returns respectively in the said time period. Also Read | Largecap mutual funds see over 50% decline in May inflows. Profit booking or shift in investor preference? Mirae Asset Gold ETF and Zerodha Gold ETF gave 1.15% returns each in May. UTI Gold ETF, Invesco India Gold ETF, and LIC MF Gold ETF gave 0.50%, 0.26%, and 0.15% returns, respectively, in the same period. The assets under management ( AUM ) of gold ETFs surged by 2% on a monthly basis to Rs 62,452 crore in May from Rs 61,422 crore in April. 'The resurgence in flows also highlights the growing role of Gold ETFs in strategic asset allocation, especially as investors seek to manage risk in an increasingly uncertain investment environment,' Nehal said. 'While inflows are yet to reach the levels seen earlier in the year, the trend suggests a gradual and measured return of interest in gold, underpinned by its long-term diversification benefits,' added. Gold ETFs are exchange-traded funds that track the price of physical gold. Each unit of a Gold ETF is backed by a specific quantity of gold, usually equivalent to one gram. They are listed on stock exchanges, and you need a demat and trading account to buy and sell them. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@ alongwith your age, risk profile, and Twitter handle.
Hans India
2 days ago
- Business
- Hans India
Gold ETFs rebound in May, record net inflow of Rs 292 crore
New Delhi: Gold exchange-traded funds (ETFs) regained investor interest in May after two months of net withdrawals, the Association of Mutual Funds in India (AMFI) data showed on Tuesday. Gold ETFs recorded a net inflow of Rs 291.91 crore in May 2025, marking an improvement from the marginal outflow of Rs 5.82 crore in April, according to the AMFI data. 'Flows into the category had remained muted over the past two months, following modest outflows in March as well. The renewed traction in May signals a gradual return of investor interest, likely driven by resilient gold prices and sustained global uncertainties that reinforce gold's appeal as a strategic hedge,' said Nehal Meshram, Senior Analyst–Manager Research, Morningstar Investment Research India. The uptick also shows that investors are regaining confidence in gold, as it continues to offer stability amid mixed signals from equity and bond markets. Furthermore, the relative stability in gold prices through May have provided a more attractive entry point for investors looking to build or rebalance allocations toward safer assets. The resurgence in flows also highlights the growing role of Gold ETFs in strategic asset allocation, especially as investors seek to manage risk in an increasingly uncertain investment environment. 'While inflows are yet to reach the levels seen earlier in the year, the trend suggests a gradual and measured return of interest in gold, underpinned by its long-term diversification benefits,' said Meshram. According to Motilal Oswal Private Wealth's May Alpha Strategist Report, in Q1 2025, the gold market experienced a historic surge, with prices reaching record highs amid escalating geopolitical tensions, tariff wars, and a weakening US dollar. The total supply rose modestly, but the soaring price led to a significant increase in market value. Investment demand saw a dramatic 170 per cent on-year rise, driven by a strong rebound in gold ETF inflows, particularly in Europe, Asia, and India.
Time of India
2 days ago
- Business
- Time of India
Corporate bond mutual funds attract most inflows in over two years
Corporate bond mutual funds received the highest inflows in over two years as aggressive cash injections by the Reserve Bank of India spurred investments by the nation's lenders. These funds attracted a net inflow of Rs 11,983 crore in May, the highest since March 2023, according to monthly data released by the Association of Mutual Funds in India. This marks the second straight month of inflows into funds that invest mainly in company debt rated AA+ and above as these funds received an inflow of Rs 3,458 crore in April. Also Read | Midcap and smallcap mutual funds witness decline in inflows. Are investors shifting focus? Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0.00% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Soluciones para subir escaleras sin obras ni esfuerzo Stair Lifts Haz clic aquí Undo 'This inflow could be largely from banks, which may be parking their excess liquidity,' said Dhawal Dalal, chief investment officer for fixed income at Edelweiss Asset Management. 'It may be a tactical call they may have taken and may remain invested for sometime. There is surplus liquidity available.' Among the 16 sub-categories in debt mutual funds, the corporate bond funds received the highest inflows and on monthly basis witnessed a surge of nearly 246%. Live Events 'Corporate Bond Funds stood out with inflows of INR 11,983 crore, possibly driven by attractive yields and the relatively stable credit outlook,' said Nehal Meshram, Senior Analyst – Manager Research, Morningstar Investment Research India Company bonds have emerged as one of the favored trades due to their attractive yields over government debt and shorter tenors. Their appeal intensified after the Reserve Bank of India's unexpected liquidity injection to support growth. The authority also shifted its stance to neutral, tempering expectations for further easing, making longer-duration debt less appealing, as reported by Bloomberg. 'The inflows might continue but we see it more in shorter end than into longer duration bonds,' said Venkat N Chalasani, chief executive officer of AMFI. Also Read | Nifty Bank hits 57,000. Is it time for mutual fund investors to bet on banking funds? Debt mutual funds saw an outflow of Rs 15,908 crore in May against an inflow of Rs 2.19 lakh crore in April. Money market funds received an inflow of Rs 11, 223 crore. Liquid funds reported the highest outflow of Rs 40,205 crore in May against an inflow of Rs 1.18 lakh crore in April. Overnight funds saw an outflow of Rs 8,120 crore, followed by floater funds witnessing an outflow of Rs 254 crore in the same period. Credit risk funds and medium duration funds reported an outflow of Rs 247 crore and Rs 47 crore respectively.
