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

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