Despite the decline, the asset under management (AUM) of gold funds rose 5% to ₹32,789 crore at April-end from ₹31,224 crore in the preceding month, according to the data with the Association of Mutual Funds in India (Amfi).
Gold prices remained stable on Friday but are set for a weekly loss as President Trump delayed a decision on intervention in the Israel-Iran conflict.
Vanguard Group, a US-based investment management company, has acquired a 1.1 per cent stake in the supermarket chain Vishal Mega Mart for ₹655 crore through
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