Rupee hits record lows as Indian investors quietly flee to foreign markets

Overseas bets surged 60 percent as domestic returns lag

Indian investors are increasingly moving money abroad, driven by weaker domestic market returns, ongoing foreign fund outflows, and the rupee sliding to record lows. Overseas investments in equities and debt jumped 60% year-on-year to more than $2.2 billion in the 11 months through February, signaling a growing push for diversification outside India.