News From Press Non-residents' investments in India's mutual funds near Rs 1 trillion

Non-residents' investments in India's mutual funds near Rs 1 trillion

Source: Business Standard Sep 18, 2019

Non-residents’ (NRIs’) investments in Indian mutual funds are up by nearly a tenth, and is now approaching Rs 1 trillion. The value of such holdings is now over Rs 93,000 crore at the end of March quarter, according to the Reserve Bank of India’s ‘Survey of Foreign Liabilities and Assets of Mutual Fund Companies, 2018-19’ released on Tuesday.

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