FPIs have bought ₹38,098 crore worth of Indian equities and the total inflow stands at ₹51,542 crore as of March 22, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. The total debt inflows stand at ₹13,223 crore so far this month.
“An interesting feature of the foreign portfolio investment in India this fiscal is the steady growth in debt investment in sharp contrast to the volatile equity investment. This rising trend in debt investment is evident in March, too, with inflows of ₹13,223 crore in debt through 22nd March,” said Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
