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Zerodha Fund House Spotlights Gold Investments Amid Akshaya Tritiya

Zerodha Fund House, a prominent name in India's financial landscape, highlights the impressive growth of gold ETF investments during the pandemic era. Delving into data spanning from 2019 to 2023, the firm unveils a consistent uptrend in assets under management (AUM), with a remarkable surge observed amid the pandemic, underscoring the enduring appeal of gold as an investment asset.

In the realm of gold investments, various avenues beckon individuals seeking to diversify their investment portfolios or safeguard against inflation.

Zerodha Fund House Spotlights Gold Investments Amid Akshaya Tritiya

Among the popular options are physical gold, sovereign gold bonds, digital gold, and gold ETFs. When deliberating on a gold investment, factors such as liquidity, storage costs, taxation, safety, and investment horizon typically come into play.

"Investing in gold ETFs offers unparalleled advantages, including liquidity, cost-effectiveness, and security. By investing in gold ETFs like Zerodha Fund House's Gold ETF (NSE, BSE symbol: GOLDCASE), investors can eliminate the hassle of storage, purity concerns, and insurance associated with physical gold while enjoying the flexibility of investing on the stock exchange." Vishal Jain, CEO, Zerodha Fund House, said in a statement.

A noteworthy trend observed during and post the pandemic period is the surge in inflow into Gold ETFs, underscoring a preference for gold during times of adversity. Amidst the COVID-19 pandemic in 2020, the world witnessed a significant influx of investments into Gold ETFs, indicative of investors' trust in gold as a safe haven asset.

During the period spanning from 2019 to 2023, the assets under management (AUM) of Gold ETFs exhibited a consistent upward trend, with notable acceleration witnessed during the pandemic.

In December 2019, the AUM stood at INR 5,527.76 crores, soaring to INR 13,819.39 crores by December 2020, marking a staggering 150% increase. This growth trajectory persisted, culminating in an AUM of INR 25,959.02 crores by December 2023, reflecting a substantial 27.29% rise from December 2022 and an impressive 87.84% surge from December 2020. (Source: MFI Explorer by ICRA Analytics)

About Zerodha Fund House:
Zerodha Fund House stands as an asset management company, forged through a collaboration between Zerodha Broking Ltd. and Smallcase Technologies Pvt. Ltd. Rooted in the ethos of simplicity, cost-effectiveness, and transparency, Zerodha Fund House paves the way for a new generation of investors to access the capital markets seamlessly.

Akshaya Tritiya beckons, and Zerodha Fund House's advocacy for gold investments resonates strongly, reflecting not only the cultural significance of this auspicious day but also the enduring allure of gold as a prudent investment choice in an ever-evolving financial landscape.

Disclaimer: The views and financial advice provided by investment professionals on Goodreturns.in are personal and do not necessarily reflect those of the website or its management. Goodreturns.in encourages customers to seek guidance from qualified specialists before making any financial decisions.

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