IBEF: May, 2014
New Delhi: Indian equities markets have seen foreign institutional investors (FII) net inflow of US$ 2.3 billion in May, taking the total to US$ 7.8 billion so far in 2014, as per an HSBC report. “India still the most loved market in the region,” the report quoted.
In the Asia region, investors preferred India, which received US$ 7.8 billion of the US$ 18.8 billion invested in the continent from January to May 26, 2014.
Although mutual funds remained cautious, they continued to purchase Indian equities. “Mutual funds are most overweight on Indian equities, but the exposure has come off compared to three months ago,” as per the HSBC report.
FII flows in 2014 are likely to be much better than 2013 for emerging markets, according to HSBC. These economies have so far this year already received 78 per cent of the total inflows of last year.