Top 10 largest offshore India-focused equity funds and ETFs. Check details

Over a one-year period, Franklin FTSE India ETF and Franklin FTSE India UCITS ETF are the top two funds to receive the highest net inflows. While Franklin FTSE India ETF received a net inflow of USD 997 billion, Franklin FTSE India UCITS ETF garnered USD 743 million in net inflows. Here are the top 10 equity funds and ETFs, according to a report by Morningstar.

During the quarter ended March 2026, the assets under management of the 10 largest India-focused offshore funds and ETFs declined by 22% to USD 31.0 billion from USD 39.9 billion in December 2025. These funds now account for nearly 40% of the total assets in the India-focused offshore fund and ETF category. All the funds witnessed a fall in their assets during the quarter.

IShares MSCI India ETF continues to lead the pack, with an assets size of USD 6,746 million, followed by iShares MSCI India ETF USD Acc with USD 4,673 million.

GS India Equity I Inc USD had an AUM of USD 3,808 million in March 2026 compared to USD 4,691 million in December 2025.

Kotak India Midcap A USD Acc had an AUM of USD 2,839 million as of March 2026 compared to USD 3,470 million in December 2025.

Franklin FTSE India ETF and Franklin India I(acc) USD had an of USD 2,457 million and Rs 2,352 million respectively as of March 2026.

Nomura India Equity and Wisdom Tree India Earnings ETF had an AUM of USD 2,207 million and USD 2,088 million respectively as of March 2026.