The total assets of the 10 largest India-focussed offshore funds and ETFs swelled during the quarter ended June 2017 compared with the previous quarter.
It ended the June quarter at USD 27.3 billion compared with USD 25.4 billion in the previous quarter and USD 20.5 billion as of June 30, 2016, Morningstar said in a report.
Positive environment in the domestic markets kept sentiments in the Indian stock markets upbeat, leading almost all the major domestic stock market indexes to surge during the quarter, said the report.
The S&P BSE Sensex Index moved up by 4.4 percent, although it was lower than the 11.2% appreciation it witnessed in the previous quarter (ended March 2017).
