AUM of India-dedicated funds rise 8.3% in H1 of CY21 to $42 billion

Allocations to India by Asia ex-Japan funds remained stable at 13.5% in June while those by GEM funds declined to 10.8% in June from 10.9% in May

Listed emerging market fund flows were mixed in June. China, South Korea and Brazil saw $3.4 billion, $3 billion and $539 million of outflows, while Taiwan and India saw $1.1 billion and $210 million of inflows, the EPFR data compiled by Kotak Institutional Equities shows.

India-dedicated funds saw modest inflows of $27 million in June, paring the total outflows for CY21 to $2.1 billion.

Flows from global emerging market (GEM) funds into India amounted to $86 million, taking the CY21 inflows to $5.1 billion. Inflows from India-dedicated, GEM, and other categories of funds into India totalled $5.9 billion in CY21.

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