If not for inflows from India-dedicated funds, the FPI outflow tally in September would have crossed $2 billion.
In all, funds tracked by EPFR saw net outflows of $1.2 billion, accounting for nearly a fourth of $5.2 billion outflows by FPIs in May
Flows from global emerging market funds into India amounted to $459 million, led by non-ETF inflows of $318 million, taking the total inflows in CY21 to $5.6 billion.
GEM funds are the prime drivers of flows into emerging markets as they have assets under management of $123 billion
Global emerging market funds saw inflows of $1.52 billion, taking the CY21 inflows of such funds to about $3.62 billion
Global emerging market (GEM) funds saw inflows of $718 million, paring the CY20 outflows of such funds to about $1.9 billion
Outflows from India-dedicated, GEM, and other categories of funds totalled $467 million in August and $10.4 billion in CY20
This is the first time since August 2016 that a month has reported nil fundraising in India-dedicated schemes
Global emerging market (GEM) funds saw inflows of $628 million, taking the 2019 inflows to about $1.2 billion
Global emerging market (GEM) funds saw outflows to the tune of $868 million, paring the 2019 inflows by these funds to about $181 million
Assets under management (AUM) of India-dedicated funds have slid by about a fifth in the past year
Global emerging market (GEM) funds saw modest inflows of $110 million, taking the 2019 inflows to $2.04 billion