Monthly net inflows into gold ETFs jumped more than twofold over December to ₹24,039 crore in January, overtaking ₹24,028 crore net investments into equity funds, according to data from the Association of Mutual Funds of India (AMFI). The January rush into gold ETFs defies losses for those who invested during the month. In the year through January, gold ETFs have recorded net inflows of ₹63,249 crore. Net inflows into small-cap funds hit ₹5,720 crore, a nearly four-year high, in January 2025, just a month after small-cap stocks started declining. DSP Mutual Fund's Netra report for February questioned whether the gold rally can be sustained.

Source: Mint February 10, 2026 20:23 UTC