जागतिक गुंतवणूकदार निवडक बनल्याने भारताने विक्रमी उदयोन्मुख मार्केट फंडाचा प्रवाह गमावला आहे

जागतिक गुंतवणूकदारांनी जुलै 15 ला समाप्त झालेल्या आठवड्यात उदयोन्मुख मार्केट (ईएम) इक्विटी फंडमध्ये $25 अब्ज रेकॉर्ड ठेवले, जे एप्रिल 2025 पासूनचा सर्वात मजबूत साप्ताहिक प्रवाह आहे. तथापि, भारत व्यापक रॅलीमध्ये सहभागी होण्यास अयशस्वी झाला, कारण इतर उदयोन्मुख बाजारपेठांमध्ये गुंतवणूकदारांच्या एक्सपोजरमध्ये वाढ झाली तरीही देशांतर्गत इक्विटी फंडांनी आऊटफ्लो रेकॉर्ड करणे सुरू ठेवले आहे, असे बोफा ग्लोबल रिसर्चने सांगितले.

नवीनतम फंड फ्लो डेटामध्ये असे दिसून आले आहे की आठवड्यात जागतिक इक्विटी फंडांना $55.8 अब्ज आकर्षित झाले, तर बाँड फंडांना $20 अब्ज मिळाले. In another development, there was a withdrawal of $119.6 billion from cash funds, which is the highest weekly cash withdrawal since April 2026, signaling an orientation towards risky investments.

भारतीय मार्केटमध्ये इन्व्हेस्ट करा आणि 5paisa सह भविष्यातील क्षमता अनलॉक करा!

आत्ताच अकाउंट उघडा

Despite poor foreign portfolio inflows, Indian stock markets were still reacting to both domestic and international factors. It must be noted that the direction in many stocks was based on selective investment and not general buying.

Before turning to the sectoral picture, the report highlighted that technology continued to dominate investor allocations.

Technology Leads Sectoral Buying

Technology funds received $15.6 billion during the week, extending their three-week inflow to a record $48.8 billion. Financial sector funds attracted $2.7 billion, marking their strongest weekly inflow since January 2026 as banking stocks in the U.S., Japan, the U.K. and Europe traded near record or multi-year highs.

The health sector was another one where investors showed constant interest, while other defensive sectors were allocated fewer amounts of investments.

India Continues to See Foreign Outflows

Despite the renewed appetite for emerging markets, India remained under pressure. According to BofA, foreign investors have withdrawn a net $9.26 billion from Indian equity funds so far in 2026. During the latest reporting week, India-focused funds also recorded outflows equivalent to 0.2% of assets under management.

In comparison, Brazil has received net inflows of $3.57 billion this year despite weekly withdrawals, while China, although still facing year-to-date outflows of $220.8 billion, registered a weekly inflow equal to 2.4% of its assets under management.

Market participants also tracked currency movements alongside equity flows, while changes in crude price and global risk sentiment continued to influence foreign investment decisions.

Emerging Markets Recover, But Annual Flows Remain Negative

Although the latest weekly inflow into EM funds was the strongest in over a year, the broader picture remains subdued. BofA data showed emerging market equity funds are still carrying cumulative net outflows of $95.3 billion for 2026.

Developed markets have significantly outperformed on the flow front, attracting net inflows of $723.6 billion during the year. Of this, U.S. equity funds accounted for $356.3 billion, while international developed market funds received $338 billion.

India has also lagged in market performance. BofA’s cross-asset return data showed Indian equities have declined 10.2% in U.S. dollar terms so far this year, while the rupee has weakened 6.6% against the dollar. The report indicates that global investors continue to favour selected markets and sectors rather than adopting a broad-based approach across emerging economies.