Gold ETFs or gold exchange-traded funds continued to attract steady investor demand while drawing the net inflows up to Rs 7,743 crore during October, according to AMFI (Association of Mutual Funds in India) data released on Tuesday.
Gold ETFs that have net inflows amounting to Rs 27,573 crore during the year 2025 have proved really robust in the passive investment space by reaffirming their larger role in portfolio stability and risk mitigation, according to the Senior Analyst—Manager Research, Morningstar Investment Research India, Nehal Meshram.
The continuous rise highlights gold being preferred as a safe-haven and portfolio diversifying option by the investors amid the uncertainties caused by the geopolitical situation, volatility in the global market, and the unpredictable interest-rate changes of the central banks.
Meshram added that even though global gold prices did not change much during the month, domestic investors upheld their allocations, viewing the metal as a hedge against both inflation and currency fluctuations. The consistent inflows also indicate that the investors are tactically using gold to preserve wealth and diversify exposure, particularly because the global bond yields are still high and the equity markets are fluctuating.
Suranjana Borthakur, Head of Distribution and Strategic Alliances, Mirae Asset Investment Managers (India), stated that gold ETFs have attracted a total of Rs 7,000-Rs 8,000 crore during the last few months, and this trend will continue as investors keep their allocation to the safe-haven asset and the category’s good returns in the last year still attract attention.
Apart from gold ETFs, Borthakur said other ETFs had also been experiencing healthy flows in the last two months, probably due to the growing interest and participation in the market.
The latest World Gold Council (WGC) data reported that gold ETFs in India have surpassed $3.05 billion in 2025, which marks a new peak for a single year and the highest amount to be recorded so far. The positive trend has led to the total AUM (assets under management) increasing to $11.3 billion for the fifth consecutive month.
Overall, the global gold ETF inflows for October were a total of $8.2 billion, thus making it one of the strongest years for the bullion market from a record perspective.
During the month of October, India ranked in third position worldwide in terms of ETF inflows, trailing only the US with $6.33 billion and China with $4.51 billion. After India, Japan was next in line with $499.5 million of inflows, and France’s inflows amounted to $312 million.