India-dedicated funds witness sharp drop in inflows
India-dedicated funds witness sharp drop in inflows
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
We welcome your comments at marktomarket@livemint.com
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!