| Gold has been the biggest outperformer among all asset classes this year, up 26 per cent, yet in each of the six months this year, gold funds in India have seen outflows.
"Gold funds (including ETFs) have delivered around 15 per cent return till June end 2016. Gold ETFs have been witnessing outflows every month since June 2013, totalling Rs 4,789 crore. In 2016 so far, the outflow stands at Rs 476 crore," Renjith R G, National Head - Distribution, Geojit BNP Paribas said...............................................Full Article: Source
|