Mine is staying under the bonnet for several reasons.
One, with a shield and air feeding in through one of the stock radiator support panel holes it will get cool air with the car moving. Two, it is protected from most rain, etc, there. Three, it is more important to give priority to intercooler location, piping runs, etc.
Trying to use the inside mudguard area for location or feed is inefficient, in there it is a low air pressure area.