Outperformance in three of the last four months has helped Indian hedge funds beat their peers in other emerging markets in 2020.
The Eurekahedge India Hedge Fund Index was up 6.41 per cent for November. The Eurekahedge Emerging Markets Hedge Fund Index was up 4.93 per cent in comparison. The year-to-date returns are 13.33 per cent for Indian funds, compared to 11.66 per cent for emerging market funds overall.
This follows a period of muted performance after the government announced the lockdown. Indian hedge fund returns were lower than returns for the overall emerging market in May, June, and July. Returns were