Domestic gold ETFs get record flows, up 7x over previous month's tally

Category sees highest flows since 2008, experts say investors are chasing gold-linked products due to robust trailing returns and safe-haven appeal

The spike in market volatility has prompted mutual fund (MF) investors to lap up units of gold exchange-traded funds (ETFs), with the category seeing highest flows since 2008.

In February, net flows into the schemes stood at Rs 1,483 crore, which was seven-times of flows ETFs received in previous month.

Experts say investors are chasing gold-linked products due to robust trailing returns and because they are seen as a safe haven amid current market volatility.

"Gold has seen sharp rally in prices, which is why investors are pouring into this asset class as it is showing returns. Also, the uncertain