Global investors continued to remain upbeat on the emerging BRIC (Brazil, Russia, India and China) nations and poured $2.1 billion in equity funds focused on the region in the third week of July, while India received $148 million.     

According to the data complied by international fund tracking firm EPFR Global, the BRICs theme continued to resonate with investors with equity funds dedicated to the region receiving $2.1 billion inflows.     

Also Read   Related Stories News Now - Jamal Mecklai: Coming of age - Rajesh Tandon: Need to mobilise our 'soft' power - Investors pull out $365 mn from Asia funds; India sees inflows - Mafatlal Industries to alter product mix - SKF offers lubrication systems expertise under one brand - 'India, China most favoured countries for FDI'

Also Read   Related Stories News Now - Markets end lower ahead of May F&O expiry - CII seeks two more years to comply with minimum 25% public float norms - Zuckerberg's fortune dips - Essar Ports gets Rs 175 cr investment from Port of Antwerp - Reliance Comm names new CEO for mobile unit More

Overall inflows into emerging market equity funds rebounded during the third week of July as optimism about a recovery in US demand helped many individual equity markets gain between 3 and 8 per cent.    

The diversified Global Emerging Markets (GEM) equity funds received $1.08 billion, followed by Asia (excluding-Japan) equity funds which got $973 million, the report added.  

The additional inflows of $516 million raked in by Latin America and EMEA ( Europe, Middle East and Africa) equity funds brought total weekly investment in all the emerging market equity funds to $2.6 billion, the strongest weekly inflow since June 10.     

Investors funneled $749 million into the EPFR global- tracked technology sector funds riding on several technology US bellwethers meeting or exceeding expectations for their second quarter earnings during the third week of July.     

Besides, rising prices and softer dollar helped energy and commodity sector funds, while real estate sector funds pulled in fresh money for the first time in five weeks.     

However, investors pulled $121 million out of consumer goods sector funds, $72 million out of healthcare/ biotechnology funds, $9 million out of utilities sector funds and 8 million out of telecom focused funds.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end lower ahead of May F&O expiry - CII seeks two more years to comply with minimum 25% public float norms - Zuckerberg's fortune dips - Essar Ports gets Rs 175 cr investment from Port of Antwerp - Reliance Comm names new CEO for mobile unit

Tags : Global investors | BRIC | EPFR Global | equity fund | GEM   Read Business news in  Advertisements -  India's no. 1 Property Site. Click here to know more -  Journey on, We are by Your Side. Click here to know more -  Help a Child Achieve her. Click to know more -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  The Best Seller is Also the No. 1 in Mileage. Click here -  Watch The Film Here. Click here to know more.. -  Leader in Passenger Car & Automobile Tyres. Click here -  Learn How One City is Running on FOOD SCRAPS. -  1 billion in saving for Unilever without any tangles. -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  36 Lakhs can get you a pool of Luxuries. Click here -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More -  2 Lac Apartments, 1 Lac House / Plots. Click here