India gold ETF, equity fund inflows ease in October

In October, investments in Indian gold exchange-traded funds plummeted by 22% due to newly imposed restrictions, while equity mutual fund inflows fell by about 14%, totaling 329.9 billion rupees. Notably, large-cap funds saw increased inflows, contrasting with the significant declines in small- and mid-cap funds. However, debt funds rebounded with substantial net inflows after previous outflows. Fortunately, market sentiment improved by November, with benchmark indexes showcasing strong gains.

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