Blitz Bureau
NEW DELHI: India-focused fund flows show early signs of stabilisation, as global industrials flow sees first momentum break since AI trade began in May 2025, according to a new report.
Redemptions paused after $8.6 billion outflows since February, although net inflows remained modest at $17 million.
“The recovery was driven by India-focused ETFs (+$118 million), while active long-only funds continued to witness outflows (-$101 million). At the country level, India attracted $184 million, strongest weekly inflow since March, suggesting foreign positioning has become less negative lately,” according to Elara Capital’s latest Global Liquidity Tracker.
Global Industrial funds recorded negative rolling four-week flows for first time since AI trade began in May last year. Technology funds continue to attract the strongest inflows, reaffirming that investors continue to favour direct AI beneficiaries over the wider AI supply chain.
Gold funds recorded largest weekly inflow since mid-April, while Silver fund flows continued to stabilise after several months of heavy redemptions, said the report.
On the other hand, consumption funds had taken the biggest hit in this round of AI investments with consistent outflows since November 2025 although pace of redemptions has eased in recent weeks.
With the emerging market (EM) Index correcting 10 per cent from its peak, investors have started selectively buying the dip. GEM funds attracted another $1.9 billion this week.
