Once on top, Mauritius no longer a key source of non-resident MF investments

Domiciled vehicles lose traction as route for investments into Indian mutual funds

- SACHIN P MAMPATTA

The island nation of Mauritius was the top source of foreign investments into Indian mutual funds (MFs) in 2015, ahead of countries like the US and the UK. It dropped out of the list of major sources for the first time since at least 2011, shows an analysis of data from the Reserve Bank of India (RBI) Survey of Foreign Liabilities and Assets of Mutual Funds 2024-25 released on August 18. Qatar, Oman, and Hong Kong are among the countries that account for a larger share of foreign investments into Indian MFs.