This reversal of fortunes is a notable change from the past three years, where China's losses benefited India.
According to Elara Capital, India-dedicated funds have seen their first redemption since March 2023, with $245 million being withdrawn.
In the preceding eight weeks, the average inflows were $300 million. It has slowed to $107 million in the previous week. India-dedicated funds have assets of over $80 billion.
China, on the other hand, is witnessing a sharp revival in foreign flows. China-dedicated funds recorded inflows of $9.3 billion this week, extending two weeks' tally to $15.5 billion.
Elara said the recent inflows into China have almost recouped 45 per cent of foreign redemptions from China funds since August 2023.
هذه القصة مأخوذة من طبعة October 12, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة October 12, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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