Gold & Silver ETF Investments Cross ₹3 Lakh Crore Mark
Investment in gold and silver Exchange Traded Funds (ETFs) touched a new record in January, with total assets under management (AUM) crossing ₹3 lakh crore, according to data from the Association of Mutual Funds of India (AMFI).
The combined AUM has nearly tripled in just five months - rising from around ₹1 lakh crore in August 2025 to the current level - reflecting a strong shift towards safe-haven assets amid ongoing market volatility.
Surge in Investor Participation
Investor interest has also grown sharply:
- Gold ETF folios increased from 80.34 lakh to 1.14 crore (11.4 million).
- Silver ETF folios jumped from 11.31 lakh to 47.85 lakh.
This indicates rising participation from retail investors in precious metal ETFs.
Record Monthly Inflows
January witnessed record-breaking inflows:
- Gold ETFs received ₹24,039 crore.
- Silver ETFs attracted ₹9,463 crore.
Notably, total investments in these ETFs surpassed the ₹24,029 crore inflow into equity mutual funds during the same month. However, equity funds had seen stronger inflows in December, highlighting shifting investor sentiment.
Expert View
Market experts suggest allocating 10-15% of an investment portfolio to precious metals to manage risk during uncertain times.
Ajay Garg, CEO of SMC Global Securities, clarified that the rise in gold and silver investments should not be seen as a loss of confidence in equities. Instead, investors are temporarily shifting funds to safer assets due to economic uncertainty.
Meanwhile, Himanshu Srivastava of Morningstar India noted that long-term confidence in equity markets remains strong, with steady SIP inflows continuing despite volatility.
Experts advise investing in gold and silver ETFs gradually through SIPs rather than making lump-sum investments, especially as prices remain at elevated levels.
