India-focused funds saw $78 million outflows in the fifth straight week, though redemptions eased from prior weeks, Elara Capital reported. ETFs drove all withdrawals, while long-only funds posted their first inflow in seven weeks, led by HSBC Global Investment Funds and Ashoka WhiteOak ESG Funds.
‘India more diversified:’ Sebi chief Tuhin Kanta Pandey comments on Taiwan’s market ascent
SEBI chief Tuhin Kanta Pandey emphasized India remains a diversified market despite Taiwan overtaking its market value. Driven by TSMC and the AI boom, Taiwan’s