Bad news for gold ETFs? Investors pull out Rs 150 cr in Apr-Jun; pump in Rs 33,000 cr in equity schemes

Gold exchange-traded funds (ETFs) continued to lose steam with investors pulling out nearly Rs 150 crore from the instrument in the April-June quarter, favouring equities. According to the latest data available Amfi, about Rs 156 crore was pulled out from 14 gold-linked ETFs in the June quarter.
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