Narendra Modi, India’s prime minister, speaks to members of the media outside the President House in New Delhi, India. (Photographer: T. Narayan/Bloomberg)  

Flows to India Stocks Funds Revive as Modi Win Spurs Risk Demand

(Bloomberg) -- Flows into Indian equity mutual funds in May rebounded from the smallest in 31 months as Prime Minister Narendra Modi’s comfortable electoral win spurred appetite for risk assets.