Traders selected Gold ETFs over Equities in December 2025

Mutual fund buyers selected gold exchange-traded funds (ETFs) over equity-oriented schemes in December 2025, following the rally in gold and the suboptimal returns.

In keeping with information from Affiliation of Mutual Funds in India (AMFI), the online inflows into gold ETFs, a mutual fund funding avenue that’s comparatively in its nascent stage, tripled to ₹1,16,467 crore in December 2025 from the month earlier. It is a document excessive web influx into gold ETFs. In the meantime, the online inflows into equity-oriented schemes dipped 6.2% within the month beneath overview, coming in at ₹28,054 crore.

“Gold ETFs recorded their highest ever influx after gold delivered greater than 70% returns in CY25, pointing to some recency bias,” stated Feroze Azeez, Joint CEO, Anand Rathi Wealth Restricted.

The emergence of gold ETFs could level to each an enhancing diversification of the Indian mutual fund buyers and a secure haven demand.

Growing flows into gold ETFs and a decline in fairness inflows additionally got here with a web outflow of ₹66,532 crore in all open-ended schemes.

SIP inflows continued to enhance on a month-to-month foundation. “The surge was pushed by sustained demand for gold-backed merchandise amid elevated macro uncertainty and intermittent risk-off sentiment.

Sturdy worth momentum in gold by 2025, coupled with heightened safe-haven demand, continued to assist investor curiosity within the phase,” stated Himanshu Srivastava, Principal Analysis, Morningstar Funding Analysis India.

To make certain, the benchmark Nifty 50 returned simply 10% in previous 12 months, as overseas buyers bought greater than ₹1.5 lakh crore in Indian equities, triggered by costly valuations to justify the quarterly earnings.