India-focused Funds

Outflows could be a result of a mix of factors led by the underperformance of some of the larger funds amid elevated return expectations

But does this mean that 2023 could be different, given the unutilised capital?

UCITS is a regulatory framework of the European Commission for management and sale of mutual funds

While $9.8 billion is the target for the year, about 18 India-focused funds have already raised $1.74 billion. But what is more substantial is the fact that Asia-focused dry powder is $173.4 billion

India-focused offshore funds and exchange-traded funds (ETFs) witnessed a net outflow of USD 95 million in three months ended September 2021, making it the 14th consecutive quarter of withdrawal

By doing rigorous research on her limited holdings, the fund manager can mitigate portfolio risk

In a one-year period, focused schemes have delivered returns of 13 per cent, beating the category returns of large-cap schemes, which yielded 11.6 per cent in the same period

India has remained one of the best-performing markets this year

The scheduled roll-out of GST and its long-term benefit provided a positive backing, say analysts