Investors often turn to gold when equity markets perform poorly, frequently investing in gold ETFs 

In August, there was a surge in investments in gold ETFs, reaching a record high

August's Record High Investments 

Recent days have seen an increase in the price of gold, prompting investors to consider taking profits 

Gold Price on the Rise 

The Association of Mutual Funds of India (MAFI) revealed that there was a net investment of Rs. 175 crores in PSD Exchange Traded Funds last month 

MAFI's Disclosure 

In August, these investments reached a 17-month high of Rs. 1,028 crore, a substantial increase from July's Rs. 456 crore 

August's Remarkable Investments 

Investors continue to view gold as a safe investment, given concerns about rising interest rates in the US, high inflation, and slow economic growth 

Gold as a Safe Haven 

Between April and June of the current financial year, an average of Rs. 298 crore per month flowed into PCD ETFs 

Consistent Investments in PCD ETFs 

Notably, Rs. 1,100 crores flowed into these ETFs in August of the previous year

August 2022's Inflow 

As of September this year, the number of portfolios investing in gold ETFs stood at 48.06 lakh

Growing Popularity of Gold ETFs 

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