Riding the Momentum - Why India-Specific FPI Fund September 2025 by Mr. Amit Jain, Co-Founder Ashika Global Family Office Services
India is increasingly becoming the preferred destination for foreign portfolio investors (FPIs), especially through funds and ETFs with dedicated India-only mandates. At a time when many global investors are scaling back due to elevated valuations, tariff uncertainty, and muted corporate earnings, these India-focused strategies are not just surviving—they’re thriving.
What’s driving this surge is multifaceted: India’s demographic dividend, robust domestic consumption, digital adoption, continuous reforms, and its growing prominence in global indices like MSCI Emerging Markets—all point toward enduring investment confidence. Dedicated mandates provide a stability and depth that broader regional products simply cannot match. India’s AUM for mutual funds has surged sixfold in the past decade, while the country's weight in the MSCI EM Index has jumped from roughly 8% to around 18–19%. Further, SEBI’s simplification of the FPI application process, the introduction of an FPI outreach cell, and the rise of GIFT City as an alternative domiciliation hub are smoothing the pathway for global capital.
These developments highlight India's evolution not just as a high-growth economy, but as a reliable partner in global capital flows. We’d love to explore how India-specific mandates are reshaping long-term foreign investment perceptions—and how this can fortify India’s market resilience.
In this regard, we seek an interview / expert commentary by Mr. Amit Jain, Co- Founder Ashika Global Family Office whose who has been regularly writing on the resilience of the Indian economy amidst volatility and uncertainty.
Talk-points:-
* What key attributes make India-specific FPI funds more stable and attractive compared to regional or broad emerging-market mandates?
* How have reforms such as SEBI’s streamlined application process and the FPI outreach cell enhanced global investor access to the Indian market?
* With India's MSCI EM weight nearly doubling over the last decade, what does this signify for the perception of India as an investment destination?
* How have GIFT City and the rise of domestic AIFs contributed to deepening India’s financial ecosystem for global capital?
* Given the sixfold growth in Indian mutual fund AUM over the past ten years, what does this say about the intersections of domestic savings and foreign investment flows?
* Amid global macro pressures like tariff tensions and overvaluation concerns, how do India-specific mandates sustain investor confidence?
* What challenges and opportunities does India face in scaling up foreign inflows through these mandates, particularly in the context of competing with broader EM funds?
* Looking ahead, what further institutional or structural enhancements would you recommend to maintain and build on this traction for India-focused FPI investments?
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