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No Angst Seen Among Indian Investors as Local Flows Accelerate

The gush of money into Indian stock funds as investors chase returns amid falling demand for gold, real estate and debt isn’t abating.

Investors pumped 189 billion rupees ($2.9 billion) into the funds in September, after pouring a record 203 billion rupees in August, data from the Association of Mutual Funds in India show. The 804 billion rupees of net inflows in the first six months of the year that began April 1 is more than triple compared with the year-earlier period.