Gold ETFs in India experienced a staggering 565% increase in assets under management (AUM) between June 2019 and April 2024, coinciding with the Modi government s second term. The surge in AUM, from Rs 4,930.44 crore to Rs 32,789 crore, correlates with a 1,483% rise in folios, indicating growing investor interest. This uptick is driven by factors like perceived safety, attractive returns, and the convenience offered by ETFs.
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