Friday 5 June 2009

India equity funds see highest weekly inflow of $200 mn in a year

NEW DELHI: Global investors have poured in close to $200 million in India-focused equity funds in the first week of June, while the overall Asia-dedicated funds witnessed the biggest inflows of as much as $1.54 billion, a report says.

According to data complied by international fund tracking firm EPFR Global, India equity funds saw an inflow of $199 million in the first week of June, which is the highest amount seen in the past 55 weeks.

(Source : ET)

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