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The Economic Times
The Economic Times

Nearly 60% of foreign inflows into India-focused funds withdrawn since 2024 peak: Report

India United States Artificial Intelligence Elara Capital Europe Gold

Nearly 60 per cent of the foreign money that flowed into India-focused equity funds during the 2023-24 investment rally has now been withdrawn as global investors continue to shift capital towards artificial intelligence (AI)-linked opportunities, according to an Elara Capital research report.

The report said India-focused funds attracted nearly USD 20 billion between March 2023 and October 2024, but almost USD 12 billion of those inflows have since been redeemed.

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