While $9.8 billion is the target for the year, about 18 India-focused funds have already raised $1.74 billion. But what is more substantial is the fact that Asia-focused dry powder is $173.4 billion
India-focused offshore funds and exchange-traded funds (ETFs) witnessed a net outflow of USD 95 million in three months ended September 2021, making it the 14th consecutive quarter of withdrawal
In a one-year period, focused schemes have delivered returns of 13 per cent, beating the category returns of large-cap schemes, which yielded 11.6 per cent in the same period