Nippon India Mutual Fund Leads ETF Trading Activity During Akshaya Tritiya

On the occasion of Akshaya Tritiya, a period often associated with investments in precious metals, Nippon India Mutual Fund reported notable activity in its gold and silver exchange traded funds, recording combined trading volumes of ₹1,118 crore.

The fund house accounted for nearly 51% of the segment’s total industry turnover, reflecting continued investor participation in commodity-linked investment options during key festive periods, as per the Economic Times report.

ETF Trading Volumes on Akshaya Tritiya

Nippon India Mutual Fund recorded combined trading volumes of approximately ₹1,118 crore across its gold and silver ETFs, the news report added.

This represented close to 51% of the total industry turnover for the segment during the session, indicating a strong presence in exchange-traded commodity funds.

Continued Trend from Previous Festive Periods

The performance aligns with trends observed during earlier festive occasions. During Diwali 2025, the fund house reported combined average daily turnover of around ₹1,887 crore in its gold and silver ETFs, contributing over half of the industry’s total trading activity. This suggests consistent investor engagement during periods traditionally linked with gold purchases.

Liquidity and Trading Efficiency

Higher trading volumes are often associated with improved liquidity, which can help reduce tracking differences and transaction costs. The fund’s gold ETF, Nippon India ETF Gold BeES, reported an impact cost of around 2 basis points, compared to a higher average across other market participants. Similarly, the silver ETF, Nippon India Silver ETF, recorded an impact cost of about 6 basis points, lower than the broader industry range.

Growth in Assets and Market Share

As of March 2026, the gold ETF maintained a share of over 30% in assets under management within its category. 

The fund has also seen a notable increase in AUM over time, alongside steady net inflows. Its share of overall industry net sales reflects continued participation from investors seeking exposure to gold through exchange-traded instruments.

Read More: HDFC Mutual Fund Announces IDCW for HDFC Arbitrage Fund; Record Date Set for April 21.

Conclusion

The trading activity recorded during Akshaya Tritiya highlights sustained investor interest in commodity ETFs, particularly those linked to gold and silver. While seasonal factors continue to influence participation, liquidity and cost efficiency remain key considerations for investors evaluating such investment avenues.

Disclaimer: This blog has been written exclusively for educational purposes. The securities 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 in the securities market are subject to market risks, read all the related documents carefully before investing.