Nippon India Gold ETF breaks into Global Top 10, ranks 6th by flows

Nippon India ETF Gold BeES has ranked 6th globally among the top 15 gold ETFs by fund flows year-to-date in 2026, making it the only Indian gold ETF to feature in the global top 10, according to data released by the World Gold Council on Tuesday.

The fund, managed by Nippon Life India Asset Management Ltd (NAM India), recorded inflows of $1,085.2 million — translating into gold demand of 6.6 tonnes — during the period under review.

The fund’s ranking places it alongside established gold ETFs from the US and China. The top 15 global gold ETFs collectively attracted inflows of $42.86 billion, generating gold demand of approximately 301.3 tonnes, according to data compiled from Bloomberg, company filings, and the World Gold Council. US-listed products such as SPDR Gold Shares and SPDR Gold MiniShares Trust continued to lead global flows in absolute terms.

Nippon India ETF Gold BeES currently holds 36.2 tonnes of gold. NAM India said the ETF’s performance reflects India’s growing participation in regulated, exchange-traded gold investment despite the country’s comparatively smaller ETF market.

The strong inflows come against a backdrop of continued macroeconomic uncertainty globally, with investors using gold ETFs for portfolio diversification. Gold ETFs have gained ground in India as investors seek liquid and cost-efficient gold exposure without the operational challenges of holding physical metal.

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