The share of funds domiciled in Mauritius in the total FPI equity assets under management (AUM) dropped to 5.61% in March 2024 compared with 14.53% five years ago, the data from NSDL showed. Consequently, Mauritius-based funds become the fourth largest investor by geography after the US(41.7%), Singapore (7.64%), and Luxembourg (7.15%).
Tiny Titans: 11 penny stocks surged up to 180% in 3 months. Do you own any?
Eleven low-priced stocks with market caps below Rs 1,000 crore and share prices under Rs 20 have gained up to 181% over three months. Kapil