Top foreign funds — including JP Morgan, HDFC Fund, Cognizant, Indian Fund and others — have flagged ‘persisting religious conflicts’ and the ‘Kashmir dispute’ as potential risks to their investments in India. Similar concerns have been flagged by a few funds regarding Pakistan also. A number of large foreign funds, managing trillions of dollars of investor assets globally, have flagged ‘persisting religious conflicts’ and ‘Kashmir dispute’ as potential risks to their investments in India, saying such “tensions” could destabilise the Indian economy. JPMorgan, one of the largest wealth managers in…
Read MoreKashmir Dispute, Religious Strife ‘Risks’ to investment in India: Foreign funds
