Gold ETF Inflows Drop 55% to ₹1,559 Cr in July: AMFI

By Market DeskGold ETF Inflows Drop 55% to ₹1,559 Cr in July: AMFI

Gold ETF net inflows fell 55% to ₹1,559 crore in July, down from ₹3,443 crore in June, according to AMFI data. Discover the reasons behind this shift.

Gold Exchange-Traded Funds (ETFs) witnessed a significant month-on-month decline in net inflows during July 2026, with figures plummeting by nearly 55%. Data from the Association of Mutual Funds in India (AMFI) confirmed this sharp reduction.

The net inflows into Gold ETFs registered Rs 1,559 crore last month, a stark contrast to the Rs 3,443 crore recorded in June. This marked a considerable slowdown, despite July being the second consecutive month of positive inflows for the segment.

  • July Gold ETF Inflows: Rs 1,559 crore
  • June Gold ETF Inflows: Rs 3,443 crore
  • Month-on-month decrease: nearly 55%
  • May Gold ETF Outflows: Rs 725 crore

Prior to this two-month positive streak, Gold ETFs had experienced net outflows of Rs 725 crore in May. This recent dip in inflows suggests a shift in investor sentiment within the gold segment.

Equity and Overall Market Dynamics

Beyond gold, the equity segment also observed a marginal reduction in actively managed mutual fund inflows. These inflows stood at Rs 24,697.39 crore in July, down from the Rs 28,973.41 crore seen in June.

  • July Actively Managed Equity MF Inflows: Rs 24,697.39 crore
  • June Actively Managed Equity MF Inflows: Rs 28,973.41 crore

Despite these fluctuations across specific asset classes, the broader mutual fund industry demonstrated robust recovery in July. Overall industry inflows surged to Rs 2.35 lakh crore, reversing the substantial outflows reported in the preceding month.

  • July Overall Industry Inflows: Rs 2.35 lakh crore
  • June Overall Industry Outflows: Rs 52,948.78 crore

The AMFI data for July highlights a mixed performance across various mutual fund categories, with gold and equity seeing reduced activity, yet the overall market recorded a strong rebound from June’s outflows.