The slowdown has caused a slowdown in the economy. Due to which investment in stock markets has been affected to a great extent. Also, there has been a tremendous impact on the global economy. However, amidst all this, investors are investing heavily in Gold ETF Scheme. In April alone, investors invested Rs 731 crore in Gold Exchange-Traded Funds. Last year it was included in the better performing asset classes. Net investment of Rs 2,414 crore has been seen in Gold ETF segment since August 2019. According to the latest data from the Association of Mutual Funds in India (Amfi), investors invested Rs 731 crore in Gold ETF in April as against Rs 195 crore in March.

Investment of Rs 1,483 crore was seen in February in this category and Rs 202 crore in January. Earlier, investment of Rs 27 crore was made in this category in December and Rs 7.68 crore in November.

In his statement, 'Groww' co-founder and COO Harsh Jain said, "Heavy investment in April indicates that investors are still buying gold." This is seen when there is a slowdown in the equity market. Investors are taking a cautious approach due to the lockdown and economic slowdown due to it.

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