The number of corporate investor accounts, as denoted by folios, has also gone up 70 per cent in the past one year, to 5,599.
While this indicates entry of new companies, not all of these would be big listed firms, point out managers.
"The corporate segment in the gold ETF AUM data need not necessarily mean large companies all the time," notes one. "Many are private limited companies, owned by high net worth individuals."
Image: Bollywood starlet Raima Sen seen at the inauguration of the World's first jewellery vending machine.