Foreign portfolio investors are expected to end the current fiscal year with net investments of aboutThe Rs 1.8-2.2 lakh crore ($ 28 to 35 billion) for FY2018 as compared with Rs 95,600 crore ($ 15 billion) in the first half FY18 and Rs 48,400 crore ($7 billion) in FY17. "FPI investments in the current fiscal have been driven by the debt segment which received a net inflow of Rs 1.17 lakh crore during eight months of FY'2018 with positive net inflows across all months" Karthik Srinivasan, Senior Vice President and Group Head - Financial Sector Ratings, Icra . "Supported by healthy inflows, the utilisation of the FPI investment limit in G-secs and corporate debt increased in the current fiscal despite an enhancement in the permissible investment limits. The equity segment, however, witnessed a net outflow of FPI investment during the August and September amidst concerns on earnings growth, rising valuations and slowing GDP growth." Icra expects the debt segment to register net FPI inflows of Rs.
Source: Economic Times January 05, 2018 12:11 UTC