News From Press As foreign investors exit, locals choose to stay put in equities

As foreign investors exit, locals choose to stay put in equities

Source: Economic Times Mar 14, 2022

At a time when foreign funds are fleeing Indian shores, local savers in equity funds are cutting down on redemptions. Gross redemption of local equity funds in February dropped to ₹14,072 crore, the lowest in 20 months, show data from the Association of Mutual Funds in India. In the past year, the average was about ₹20,811 crore a month. Lower gross redemption by investors has ...

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