* Rupee ends at 60.95/96 to dollar vs Tuesday's close of 61.19/20

* Foreign funds have invested $3.5 bln in Indian stocks, bonds in March

MUMBAI, March 19 (Reuters) - The Indian rupee rose the most in nearly two weeks on Wednesday as foreigners continued to pile into the country's equity market, while most other emerging market currencies eased due to a weaker Chinese yuan and caution ahead of the U.S Federal Reserve's policy later in the day.
Foreign funds have been buying into blue chips, sparking a stock rally ahead of general elections amid signs of an improving domestic economy.