Indian mutual funds' overseas assets fell 5.6% to $8.3 bn, while liabilities surged sharply in 2025.

• FY24 foreign assets stood at $8.81 bn, but net foreign liabilities rose to $22.2 bn by March.
• Foreign liabilities grew 19.9% to $30.5 bn, driven by increased units sold to non‑residents in 2025.
• UAE, USA, UK, and Singapore are the top non‑resident holders of mutual fund units by value.