New Delhi [India], August 12 (ANI): The United States accounts for the highest share of Foreign Portfolio Investors (FPIs) investing in India during the fiscal year 2023-24, highlights a report by the Securities and Exchange Board of India (SEBI).
The report also added that as of March 31, 2024, the total number of registered FPIs in India reached 11,219. This marks a slight increase from the previous year, where the number stood at 11,081. Out of the total registered FPIs, the United States led with 3,457 investors.
SEBI’s report emphasized the distribution of FPIs across different countries. The United States topped the list with 3,457 registered FPIs, followed by Luxembourg with 1,393 and Canada with 804.
The report provided a detailed analysis of the country-wise distribution of FPIs, including their Assets Under Custody (AUC). The AUC refers to the total value of assets managed by these FPIs and held under the custody of…
