Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Opinion / Online-views/  India-dedicated funds witness sharp drop in inflows
BackBack

India-dedicated funds witness sharp drop in inflows

India-dedicated funds witness sharp drop in inflows

Premium

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!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 28 Jun 2011, 10:56 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App