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Nomura India fund soars to S$4.9b as Japanese bet on Modi

Indian shares have hit multiple records this year amid optimism about the prime minister's policies

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Published Mon, Jul 24, 2017 · 09:50 PM

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Mumbai

THE land of Abenomics is betting on Modinomics.

The demand is so strong that assets of Nomura Holdings Inc's India equity fund quadrupled to almost 400 billion yen (S$4.9 billion) in just the past year.

Nomura

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