The Indian equity market has fallen 18% and seen a $1.5bn outflow of foreign investment since the start of the year as inflation fears drive investors back to developed markets.
Swiss & Global has launched a fund investing in the emerging economies of China, India and Indonesia.
Kotak Mahindra is launching an Indian infrastructure investment trust in a bid to benefit from the $1trn the Indian government has pledged to spend in the sector within the next few years.
Gemini Investment Managers has received approval from the FSA to offer its India Oeic fund to UK investors, after it initially launched into the global market last November.