Investors flock to India

Jul 30, 2014
The Offshore Fund Spy looks at data related to performance, estimated flows and asset trends for offshore funds focused on India. Here is an excerpt.

Foreign institutional investors, or FIIs, continued to buy Indian equities during the second quarter. As per data released by the Securities and Exchange Board of India, or SEBI, there has been a net FII inflow of $9.9 billion into Indian equities in 2014, of which about $6.3 billion came in the second quarter.

Insurance companies, hedge funds, sovereign wealth funds, offshore funds and ETFs form an important component of the total FII pie. The total investment by offshore funds in Indian equities was about $120 billion as of June 2014, or about 45% of total FII investment in the country. Within offshore funds, the assets of India-specific offshore funds increased to $36 billion in June 2014 after touching a low of $28 billion in September 2013.

Wisdom Tree India Earnings, an India-focused equity ETF domiciled in the United States, recorded the highest inflow of $522 million during the quarter. Over the past year, iShares MSCI India – US ETF experienced the highest inflow of $820 million.

Add a Comment
Please login or register to post a comment.
© Copyright 2024 Morningstar, Inc. All rights reserved.
Terms of Use    Privacy Policy
© Copyright 2024 Morningstar, Inc. All rights reserved. Please read our Terms of Use above. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
As of December 1st, 2023, the ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar/Sustainalytics accepts no responsibility or liability whatsoever for the actions of third parties in this respect.
Company: Morningstar India Private Limited; Regd. Office: 9th floor, Platinum Technopark, Plot No. 17/18, Sector 30A, Vashi, Navi Mumbai – 400705, Maharashtra, India; CIN: U72300MH2004PTC245103; Telephone No.: +91-22-61217100; Fax No.: +91-22-61217200; Contact: Morningstar India Help Desk (e-mail: in case of queries or grievances.