British retail investors are increasingly betting on India, new data shows, with net flows for stocks and funds in the world’s most populous country growing 26-fold. According to data from Interactive Investor, India is by far the most popular emerging market for British retail investors, beating out China. Over the last two years, India-focussed stocks and funds have seen net inflows during 22 of the 24 months. That’s in stark contrast to China, which has seen only five months of inflows. Trading volumes in India also rocketed, up 2200% over the past year. That compares to a sharp decrease in volumes of trading in Chinese stocks and funds. Investments in India hit a record high in February, and came close to breaking that record last month. That April flurry in activity came as the 1.4-billion-strong country started its election, which includes multiple phases and goes on until June. Myron Jobson, senior personal finance analyst at Interactive Investor, says: “When it comes to investing in emerging markets, for private investors, it is a two-horse race between India and China. The others don’t come close. But India has emerged as the frontrunner in recent history, with net flows into India-centric investments far...