Sticky overseas funds stay glued to Indian equities amid broader sell-off | Economic Times - Jobs World

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Sunday, July 17, 2022

Sticky overseas funds stay glued to Indian equities amid broader sell-off | Economic Times

Sticky overseas funds stay glued to Indian equities amid broader sell-off https://ift.tt/iLJ6OBu cumulative share of long-term funds that include sovereign wealth funds, central banks of other countries, pension funds, and funds owned by government entities in Indian equities stood at 24.12% in June 2022, a gain of around 100 basis points in the last one year and 200 bps higher than pre-Covid period, data from NSDL show. One basis point is 0.01%.

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