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What is Press Note - Nippon India Gold & Silver ETFs Cross 1 Lakh Crore in Combined AUM about?
Nippon India Mutual Fund has achieved a significant milestone by surpassing ₹1 lakh crore in combined assets under management (AUM) for its Gold and Silver ETFs, making it the largest manager in India. The fund holds a market share of approximately 37% among the top 10 AMCs, with over ₹1 out of every ₹3 invested in these ETFs coming from Nippon India. This growth reflects a strong investor preference for ETFs as a transparent and regulated investment option in precious metals.
- Author
- Abeer Ray
- Language
- EN