Business Standard

Indian hedge funds return 0.09% in October, way behind Asian peers

Indian funds did better than Asian ones in only four out of the ten months of 2019 so far

hedge funds

Sachin P Mampatta Mumbai
The current economic slowdown may well have weighed on Indian hedge funds too.

A hundred dollars invested in them at the beginning of the year would have yielded investors less than ten cents (dollar returns 0.09 per cent) by October-end. Investors in Asian hedge funds would have made a little over 6 dollars (dollar returns of 6.1 per cent), shows data from hedge fund tracker Eurekahedge.

The Eurekahedge India Hedge Fund Index is made up of 17 funds with equal weights in the index. The Eurekahedge Asian Hedge Fund Index is similarly made up of 308 funds from across Asia.

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First Published: Nov 29 2019 | 5:27 PM IST

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