Funds from US and Japan make bigger plays on D-Street

Institutional investors from US and Japan are taking higher exposures to Indian equities following the general election outcome giving the Modi-led NDA government a third term, which is expected to ensure continuity in policies.

The combined weight of US and Japan-based funds in the total equity exposure of FPIs in India reached a record high of 45.1% at the end of June 2024 compared with the five-year average of 41.4%, according to NSDL data. US-domiciled funds accounted for a record 42.2% share while Japanese funds held 2.9%, nearing a four-year high. Read more

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Why DC’s Crypto Lobby Craves a Biden Dropout

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