Every investor can get tremendous profits from this gold scheme
Every investor can get tremendous profits from this gold scheme
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Due to the epidemic corona virus crisis, the stock market is seeing fluctuations. Meanwhile, investors invested Rs 815 crore in Gold Exchange Traded Fund (Gold ETF) in May. The main reason for this is that investors are avoiding taking any kind of risk in this period of crisis and are showing more interest in safe investment options. The performance of this category was better than other properties in the year 2019. A total investment of Rs 3,299 crore has come in Gold ETFs since August 2019. The Association of Mutual Funds in India (Amphi) has given this information.

Apart from this, according to the latest data of Amphi, in May this year, the net investment in Gold ETFs stood at Rs 815 crore. In April, investors invested Rs 731 crore in this fund. However, the situation was slightly different in March and investors withdrew Rs 195 crore from this fund.

Earlier, in February 2020, the fund had an investment of Rs 1,483 crore and in January, an investment of Rs 202 crore. At the same time, investors invested Rs 27 crore in it in December 2019 and Rs 7.68 crore in November. However, in October, investors withdrew Rs 31.45 crore from this fund. At the same, GRO co-founder and chief operating officer Harsh Jain said in this regard, "Gold ETFs are seeing more investment than in the months before the Corona epidemic." Many investors are giving more emphasis on investing in gold, given the fluctuations in the stock market.

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