Fund flows in April 2023. Listed funds witnessed inflows of US$635 mn in April, led by US$705 mn of ETF inflows, which was offset by US$69 mn of non-ETF outflows. India-dedicated funds saw inflows of US$613 mn, broken down into US$330 mn of ETF inflows and US$283 mn of non-ETF inflows. GEM funds witnessed inflows of US$148 mn in April, led by US$271 mn of ETF inflows, offset by US$123 mn of non-ETF outflows.

Emerging market flows. Listed emerging market fund flows were positive for China, India and Taiwan. China witnessed US$8 bn of inflows. South Korea saw outflows of US$540 mn. Total FPI and EPFR activity showed divergent trends for most countries.

Country allocations. Allocations to China and India constitute 45% of the average Asia ex-Japan fund portfolio. Asia ex-Japan funds’ allocations to India increased to 16.3% in April from 15.6% in March, whereas allocations to India by GEM funds increased to 14.4% in April from 13.7% in March. Allocations by Asia ex-Japan non-ETFs to India increased to 16.8% in April from 16.2% in March; allocations to India by GEM non-ETFs increased to 13.9% in April from 13.2% in March.

>>Go to Mainboard IPOs Section: Click
>>Get Good Staff or Job, Click: Staffavailable.com
>>Interested in Used Automobiles or vintage cars? Click: BigGaddi.com
>>Get solid Guidance on Mutual fund Investments, Click: ChanakyaMFGuidance.com
>>Study Stock Research Reports, Click: AnalysisLibrary.com
>>Interested in Crossword Puzzles? Click: Magajmari.com