 "cash, currency, notes, funds, investment, shares, growth, profit, loss, tax, money, income, earnings")
India-dedicated funds saw outflows to the tune of $486 million in August, taking total outflows for the CY20 to $7.4 billion, the EPFR data compiled by Kotak Institutional Equities shows.
Global emerging market (GEM) funds saw outflows of $51 million, taking the CY20 outflows to about $2.6 billion. Outflows from India-dedicated, GEM, and other categories of funds totalled $467 million in August and $10.4 billion in CY20. Assets under management (AUM) of India-dedicated funds have slid 26 per cent in the year to August to $32.6 billion. AUM of GEMs have remained relatively flat at $81.5 billion.
The EPFR fund-flow
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