The Indian Exchange Traded Funds (ETFs) witnessed an unprecedented net inflow of more than ₹1.8 lakh crore in FY26 as per Zerodha Fund House report.
This remarkable achievement is more than double the prior record set in FY22, showcasing a significant trend shift among investors.
During FY26, ETFs experienced a groundbreaking net inflow, marked at more than ₹1.8 lakh crore, starkly surpassing previous records.
January 2026 was particularly noteworthy, boasting over ₹39,000 crore in inflows, primarily driven by heightened global market volatility.
The focus on commodity ETFs, especially gold and silver, was a key driver, with these 2 categories drawing in ₹99,280 crore, or 55% of the total yearly inflows.
The year saw a transformative shift towards commodity-based ETFs. Gold ETFs alone garnered net inflows exceeding ₹68,000 crore, almost equalling combined inflows from FY21 to FY25.
The assets under management (AUM) for gold ETFs rocketed from about ₹59,000 crore in March 2025 to over ₹1.71 lakh crore by March 2026.
Silver ETFs, introduced in 2022, also made a mark by attracting ₹30,000 crore in FY26. This spike in interest parallels the rising prices of silver, suggesting an increased investor inclination towards precious metals for portfolio diversification.
Read More: BlackRock Plans to Launch Active India ETF to Compete with JP Morgan!
This growth trajectory reflects a broader trend where investors are opting for ETFs to diversify portfolios.
Historically, equity ETFs dominated the scene; however, FY26 showcases a pivot towards precious metals amid market uncertainties.
The average daily ETF turnover surged from ₹237 crore in FY21 to over ₹4,200 crore throughout April 2025 to February 2026.
Commodity ETF turnover stood at ₹2,700 crore, overtaking equity ETF turnover, which averaged ₹745 crore. This reflects both the price opportunities within commodities and growing investor confidence in the ETF structure.
FY26 marks a year of transformation within the ETF landscape in India. The remarkable inflows, driven notably by commodity ETFs, highlight a significant move by investors towards diversification using ETFs, contrary to the primarily equity-focused trend of previous years.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.
Published on: Apr 30, 2026, 3:41 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
