The Financial Express (Delhi Edition)

Listed foreign funds pump in $1.2 bn in July

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India witnessed inflow of a staggering $1.2 billion from listed foreign funds in July after seeing an outflow of $332 million in the preceding month, says a report. Overall, the country has seen an outflow of $800 million this year. "Listed fund flows to India recorded inflows worth $1.2 billion in July...," said a Kotak Institutio­nal Equities report. The listed funds -- passive exchange-traded funds (ETFs) and active non-ETFs -- generally account for a large part of foreign portfolio investor (FPI) activity in India. ETFs have seen higher inflows as compared to non-ETFs during the month under review.

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