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to Elara Capital, India-dedicated funds have seen their first redemption since March 2023, with $245 million being withdrawn.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.
この記事は Business Standard の October 12, 2024 版に掲載されています。
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この記事は Business Standard の October 12, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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