iShares MSCI India ETF saw over $220 million withdrawn on Monday, its biggest single‑day outflow since April 2025.
The outflow extends a five‑week exit streak that has now totalled more than $2 billion, Bloomberg data shows.
Sell‑off is driven by concerns over India’s reliance on crude and LPG shipments through the Strait of Hormuz, now shut by Iran.
In March, the NSE Nifty 50 fell over 11% and the rupee weakened more than 4% against the dollar.