The share of such funds among overall foreign holdings had risen over the last 18 months. : The share of sovereign wealth funds (SWFs) in foreign holdings had seen a steady rise of late, in the Indian markets. Such funds, instituted by many — including oil-producing countries — to meet future needs, were largely seen as a stable source of capital. Ironically, the crash in oil prices has raised fears of liquidation, which could add to market volatility. 18 months, shows the depository data.