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India-dedicated funds witness sharp drop in inflows

India-dedicated funds witness sharp drop in inflows
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First Published: Tue, Jun 28 2011. 10 56 PM IST
Updated: Tue, Jun 28 2011. 10 56 PM IST
Inflows into India-dedicated funds and exchange-traded funds (ETFs) have been the weakest among peers in the past three months.
Also see | India-dedicated funds witness sharp drop in inflows (PDF)
In the past month, these funds witnessed outflows of $371 million (around Rs1,670 crore). What’s more, India’s largest funds have witnessed a 14% drop in assets under management in the past three months, as major foreign India-dedicated ETFs have continued to shrink their books.
Graphic by Ahmed Raza Khan/Mint
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First Published: Tue, Jun 28 2011. 10 56 PM IST