India's retail stock investors keep faith despite foreign outflows

April 21, 2025--Rise in passive funds and long-term investments shows country's burgeoning equity culture
Growing up in New Delhi, 38-year-old health worker Nausheen Zaidi said her parents invested in fixed deposits, life insurance and land.

But after her husband introduced her to the stock market in 2012, Zaidi started small there, putting money into mutual funds, later investing Rs30,000 ($350) during the pandemic and "tasted blood", she recalls. Her investments have quadrupled in value since, Zaidi says, and she carries on dividing her monthly savings between mutual funds and equities.

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