India-focused funds see moderate outflows, ETFs cushion impact
Summary
- Foreign portfolio investors’ (FPIs) have pulled back, resulting in net outflows from India-focused funds.
- The net outflows amount to ₹2.4 lakh crore as of August 14.
- Exchange-traded funds (ETFs) have helped cushion the impact of the outflows.
Key Facts
- · Net outflows of ₹2.4 lakh crore as of August 14
- · Foreign portfolio investors’ (FPIs) pullback
- · ETFs cushioning the impact of outflows
Why it matters
The outflows can impact the Indian stock market and economy, while ETFs play a crucial role in stabilizing the market.
#FPIs#ETFs#Indian economy#stock market#foreign investments