Mature Indian investors scaling up exposure in ETFs in US markets
Top 10 stocks in Q2 2021 for Indian investors were -- Apple, Tesla, GameStop, Amazon, Microsoft, AMC Entertainment, Facebook, Netflix, Palantir Technologies and NIO.
Top 10 stocks in Q2 2021 for Indian investors were -- Apple, Tesla, GameStop, Amazon, Microsoft, AMC Entertainment, Facebook, Netflix, Palantir Technologies and NIO.
Flows into India-focussed offshore funds are generally considered to be long-term in nature whereas flows into ETFs indicate predominantly short-term money.
The assets under management (AUM) of the mutual fund industry rose to an all-time high of Rs 31.02 lakh crore in December-end from Rs 30 lakh crore in November-end on inflow from debt funds.
The total investment demand increased significantly by 98 per cent to 582.9 tonne during the quarter, compared to 295 tonne in the same quarter of 2019.
