| Exchange traded funds (ETFs) have invested $1.5 billion in India in the past three months leading up to May, which is the highest among its peers such as China, Russia, Brazil, South Korea and others, shows EPFR, a global fund tracker, and Kotak Institutional Equities data.
The BSE Sensex has gained 14.7 per cent in the past three months between March and May, which is also the highest among its peers as global investors have chosen to put their buck on a Narendra Modi-led BJP government with a pro-growth outlook. Brazil's Ibovespa Index gained 8.8 per cent while Russia's Micex Index and China's Shanghai composite Index stayed flat in the same period...............................................Full Article: Source
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