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  • News From Press Sign of things to come? Indian ETF draws first inflow since July

    Sign of things to come? Indian ETF draws first inflow since July

    Source: The Economic Times Nov 21, 2018


    A small flow of funds into an Indian exchange-traded fund last week for the first time since July 19 may be a sign of things to come as a slump in oil eases the country’s widening trade deficit.

    Investors added $4.13 million to the VanEck Vectors India Small-Cap Index ETF, known as SCIF, in the week ended in Nov. 16. The flow represented just over 2 percent of the capitalization of the sixth-largest U.S.-listed Indian ETF. Oil notched its sixth straight weekly loss, weighed down by conc ..

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