US funds owned shares worth Rs 26.61 lakh crore as on February 28 compared to Rs 33.3 lakh crore in September 2024
SBIUS is an open-ended fund of funds scheme investing in mutual fund scheme or ETFs that invest in US markets. It manages assets worth Rs 788 crore and has given 15.98 percent returns in one year, as of July 4.
The Russia-Ukraine crisis has hammered prices of several global stocks, but most international funds are not accepting fresh investor flows due to overseas investing limits