India Sees $414M FPI Inflow, 6-Month High, Amid Global EM Surge

• India's foreign portfolio inflows hit a six-month high of $414 million, driven by renewed allocations into global emerging market (GEM) funds.
• India-focused funds contributed $63 million, primarily through exchange-traded funds (ETFs).
• US-domiciled funds were the strongest source of inflows into India, while Japan-domiciled funds continued outflows.
• GEM funds maintained consistent inflows, with strong allocations to China, South Korea, Taiwan, and Brazil, contrasting with moderating US equity fund momentum.
• Sector flows were mixed: EM Technology funds saw outflows, but commodity equity, precious metal, and physical commodity funds recorded significant inflows.

Why It Matters: Foreign investment surge boosts India's economic outlook.