Equity Inflows Dip 6%, Gold ETF Investments Skyrocket 211% in December: AMFI Data

• Net equity inflows in December fell 6% month-on-month to Rs 28,054 crore, down from Rs 29,911 crore.
• Gold ETF net inflows surged 211% to Rs 11,646 crore in December, compared to Rs 3,741 crore in November.
• Total AUM for Gold ETFs reached Rs 1,27,896 crore by the end of December.
• Other ETF schemes saw a 35% rise in inflows, attracting Rs 13,199.44 crore in December.
• Himanshu Srivastava of Morningstar suggests this indicates consolidation, not a sentiment shift, supported by SIPs and India's growth outlook.

Why It Matters: Equity inflows saw a slight dip, but Gold ETF investments dramatically increased in December.