India equity mutual funds' net inflows slowed to 330 bln rupees (≈$3.5bn) in
October, down about 14% from 383.1 bln rupees in September, the Association of
Mutual Funds in India (AMFI) said. The slowdown reduces the domestic buy-side
that has been helping offset foreign investor selling. October’s sell-off pushed
the NSE Nifty 50 to its lowest level since April 2025; the Middle East conflict
has raised energy prices and intensified inflation concerns. Foreign investors
are withdrawing from Indian equities and rotating into markets with greater AI
exposure. Small-cap fund net inflows fell to 64.1 bln rupees from a record 90.4
bln in September; mid-cap inflows dropped to 48.9 bln from 78.3 bln.