Mutual funds' foreign assets drop 5.6% to $8.3 bn in FY25, says RBI

Indian mutual funds' overseas assets dropped 5.6 per cent to $8.3 billion in FY25, the RBI said on Monday.

- 

MUMBAI:

At the end of FY24, Indian mutual funds held assets of over $8.81 billion in foreign assets, as per the central bank's annual survey of foreign assets and liabilities of mutual funds.

"Overseas assets of MFs declined 5.6 per cent and stood at $8.3 billion in March 2025, due to lower holdings of foreign equity securities," the RBI said. There was a 3.9 per cent drop in equity securities held abroad by MFs at market value in the US at Rs 44,500 crore, while the same in Ireland and Taiwan also witnessed declines.