Nippon India ETF Gold BeES ranked sixth globally in gold ETF fund flows for January 2026, recording net inflows of $911.7 million and a gold demand of 5.7 tonne, according to data released by the World Gold Council. It was the only Indian gold ETF to feature in the global top 10 for the month.
The ranking was disclosed on Friday by Nippon Life India Asset Management Limited (NAM India), the manager of Nippon India Mutual Fund. The fund’s performance placed it alongside established gold ETFs from the United States, China and Europe in a month when global gold ETFs saw combined net inflows of approximately $14.75 billion across the top 15 funds.
World Gold Council data attributed the surge in global gold ETF flows in January 2026 to macroeconomic uncertainty, expectations of interest rate shifts and demand for portfolio diversification.
India, while operating a relatively smaller ETF market compared to the US and China, emerged as a notable contributor to global gold ETF flows during the period. NAM India said the result reflects growing investor adoption of regulated, exchange-traded gold products in the country.
Nippon India ETF Gold BeES is the largest gold ETF in India by assets and has been listed on the National Stock Exchange since 2007.
Published on February 13, 2026
