India fund outflows persist at $420 million weekly
In short
India-focused funds saw average weekly outflows of $420 million.
At the same time, global stock funds started seeing money come back, and some investors liked selected emerging markets again. The report says India’s weak market run may have bottomed out, but foreign investors are still leaving.
What the reporting says
India-focused funds recorded $420 million in average weekly outflows, even as global equity inflows recovered and investors renewed interest in select emerging markets. The reporting says India’s market underperformance has bottomed out, but foreign investors are still pulling money out. It does not say which sectors were sold or whether the outflows are easing further.
Why it matters
India-focused funds recorded $420 million in average weekly outflows while global equity inflows recovered. The reporting says some investors are showing renewed interest in select emerging markets, but foreign investors are still pulling money from India. The immediate market signal is continued caution on India allocations, though the report does not name the drivers or duration.