Gold ETFs Soar, Midcap Funds Dip: Investors Shift to Safer Bets in January

• January mutual fund data shows mixed trends: equity fund inflows decreased, while Gold ETFs and hybrid funds saw strong growth.
• Equity mutual fund inflow dropped to ₹24,013 crore from ₹28,035 crore in December, with midcap and smallcap funds experiencing declines.
• Largecap fund inflows increased to ₹2,005 crore, indicating a shift towards relatively safer investment options.
• Gold ETF inflows surged from ₹11,647 crore to ₹24,040 crore, highlighting growing investor interest in gold.
• Hybrid funds also saw a significant increase in inflows, rising from ₹10,755 crore to ₹17,356 crore, reflecting a balanced investment strategy.