| Investors continue to pull out money from gold exchange-traded funds (ETFs), but the pace of outflow has slowed down in the current fiscal on account of the sluggish equity market trends.
The Gold ETFs witnessed a net outflow of Rs 363 crore in the first five months (April-August) of the ongoing financial year, down from an outflow of Rs 931 crore in the same period of 2014-15 fiscal. These funds witnessed outflows in the last two fiscals as well -- Rs 1,475 crore in the entire 2014-15 and again a withdrawal of Rs 2,293 crore in 2013-14...............................................Full Article: Source
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