India crisis Coronavirus India

₹800 crore investor money last month

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₹10,102 crore at the end of May, from ₹9,198 crore at the end of April Gold exchange traded funds or ETFs saw net inflows of ₹815 crore in May as investors sought safe haven options amid stock market volatility and the coronavirus crisis.

According to latest data available with the Association of Mutual Funds in India (Amfi), a net sum of ₹815 crore was pumped into gold-linked ETFs in May, higher than the net ₹731 crore infused in April.In futures markets, gold prices in India are up around 20% so far this year.

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