Gold, silver ETFs see sharp correction: Redeem, hold or buy more?
THE ECONOMIC TIMES
Fri, Feb 06, 2026 | 10:20 AM IST

Mutual Funds Newsletter

Spotlight
Gold, silver ETFs see sharp correction: Redeem, hold or buy more?

Gold and silver ETFs have seen sharp pullbacks after strong rallies. Experts advise investors to stay disciplined and align decisions with long-term goals. Market corrections offer opportunities for systematic investment. The recent fall was triggered by global factors and news of potential monetary policy tightening. Investors should rebalance positions as per their asset allocation and avoid impulsive actions.

Best mutual fund SIP portfolios to invest in February 2026

ETMutualFunds' best mutual fund SIP portfolios are meant for three different individual risk profiles: conservative, moderate and aggressive. We have also considered three SIP baskets – between Rs 2,000-5,000, between Rs 5,000-10,000 and above Rs 10,000 – while creating these portfolios. Take a look at our recommended portfolios.

Equal allocation in gold and silver is better, says Radhika Gupta of Edelweiss Mutual Fund

Radhika Gupta of Edelweiss Mutual Fund advocates equal allocation in gold and silver to reduce volatility and improve long term returns. Highlighting historical data, she notes that while silver offers sharp rallies, combining it with gold creates a more stable and resilient precious metals investment strategy.

Top 10 mutual funds to invest in February 2026

We have chosen two schemes from five different equity mutual fund categories - aggressive hybrid, large cap, mid cap, small cap and flexi cap schemes – which we believe should be enough for regular mutual fund investors.

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Explained: How will STT hike impact arbitrage and hybrid mutual fund returns?

The STT hike on futures and options is set to marginally reduce returns for arbitrage and hybrid mutual funds, as higher transaction costs increase rollover and churn expenses. AMCs estimate an annualised impact of 0.03–0.33% depending on derivatives exposure, with arbitrage-heavy schemes facing the biggest compression in yields.

Top Mutual Funds
SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%)
ICICI Prudential BHARAT 22 FOF Direct - Growth
★★★★★
28.02 17.90 13.30 2.33
Nippon India Large Cap Fund Direct-Growth
★★★★★
19.92 10.51 3.64 -1.85
WhiteOak Capital Large Cap Fund Direct - Growth
★★★★★
19.55 11.37 4.66 -1.99
DSP Nifty 50 Equal Weight Index Fund Direct - Growth
★★★★★
18.94 12.98 7.36 -1.36
ICICI Prudential Large Cap Fund Direct-Growth
★★★★★
18.73 11.00 4.69 -2.18
Quant MF cuts gold, silver exposure near peak levels in multi-asset fund

Gold and silver rallied sharply in January 2026 amid global uncertainty, shifting currency trends, and rising demand for safe-haven assets, driving prices to elevated levels.

MF Tracker: Can this 3 and 5 year top performer PSU fund extend its winning streak?

SBI PSU Fund has emerged as the top performing equity mutual fund over three and five years, riding a strong rally in public sector stocks. Experts assess whether earnings momentum, sector re rating and government support can sustain returns amid post Budget 2026 volatility and rising valuation concerns.

TERM OF THE WEEK
New Fund Offers
Fund Name Category Type Open Close Min Inv
Groww Nifty PSE ETF FOF Direct-IDCW Equity: Thematic-PSU Open-ended 23 Jan 06 Feb 500.00
Groww Nifty PSE ETF FOF Direct-G Equity: Thematic-PSU Open-ended 23 Jan 06 Feb 500.00
Axis BSE India Sector Leaders Index Direct-G Equity: Thematic Open-ended 23 Jan 06 Feb 100.00
Groww Nifty PSE ETF FOF Reg-IDCW Equity: Thematic-PSU Open-ended 23 Jan 06 Feb 500.00
Groww Nifty PSE ETF FOF Reg-G Equity: Thematic-PSU Open-ended 23 Jan 06 Feb 500.00
More >>
Forthcoming Dividend
Fund Name Category Type Record Date Div Per Unit
Invesco India Balanced Advantage Reg-IDCW Hybrid: Dynamic Asset Allocation Open-ended 06 Feb 2026 0.15
Invesco India Balanced Advantage Direct-IDCW Hybrid: Dynamic Asset Allocation Open-ended 06 Feb 2026 0.15
ICICI Pru Banking and Financial Services-IDCW Equity: Sectoral-Banking Open-ended 09 Feb 2026 5.80
ICICI Pru Banking and Financial Services Direct-IDCW Equity: Sectoral-Banking Open-ended 09 Feb 2026 5.80
* Funds with daily dividend distribution frequency options are excluded More >>
Weekly Mutual Funds Activity
Date Equity ( Cr.) Debt ( Cr.)
Gross Purchase Gross Sale Net Pur./Sale Gross Purch