News From Press India-focused offshore fund, ETFs record $803 mn net inflow in Q4

India-focused offshore fund, ETFs record $803 mn net inflow in Q4

Source: BS May 18, 2023

After 17 quarters of net outflows in a row, India-focused offshore funds and exchange traded funds (ETFs) have received net inflows for three consecutive quarters now, signalling a shift in stance of foreign investors with respect to the Indian market.

In the past three quarters (Between October 2022 and March 2023) offshore funds and ETFs have received a net of $1.8 billion, shows the latest Morningstar Offshore Fund Spy report.

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