India-focused offshore funds and exchange traded funds (ETFs) have received net inflow of $4.8 billion in the first six months of the year, the second highest in five years. The category had seen net inflow of $7.3 billion during the same period in 2015; however, it saw net outflows in 2013, 2014 and 2016 for the period.
The flow this year largely came into India-focused offshore funds, which signify long-term money, against India-focused offshore ETFs, where the money is largely short-term. India-focused offshore funds received net inflows of $3.8 billion, compared with inflow of $1 billion for that of ETFs.
