Mumbai, Oct. 29 -- Canada's CPP Investments expects its India portfolio to grow further after tripling in size over the previous 5 years, top executives at the investment firm said on Wednesday during a media discussion.

CPP India's assets under management have increased from C$10 billion in 2020 to about C$29.5 billion (about Rs.1.8 trillion). That makes India the Canadian pension fund's third-largest market in the Asia-Pacific, behind Japan (C$38.1 billion) and China (C$30.3 billion).

"One of the reasons India has grown at a much faster rate than the fund as a whole is because of the opportunity set, and I think we should expect to see a reasonable growth rate based on the pipeline we see in the market today," said John Graham, presid...