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FPIs make U-turn to Indian markets as covid cases fall

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₹2.74 trillion into India in FY21. FPIs turned net sellers in April, but the tide has turned again. Mint explores: Strong fundamentals, an upbeat policy environment, and stronger- than-expected economic recovery resulted in net inflows of foreign portfolio investment (FPI) worth ₹2.74 trillion into India in FY21.

FPIs turned net sellers in April, but the tide has turned again. Mint explores:What is foreign portfolio investment?In June 2014, the Securities and Exchange Board of India enacted simplified uniform guidelines and grouped foreign institutional investors (FIIs), sub accounts, and qualified foreign investors (QFIs) into a new investor class called foreign portfolio investors.

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