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Foreign investor count little changed since 2013

Contrary to belief, most new investor additions on account of FII to FPI conversion

Foreign investor count little changed since 2013
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Photo: Shutterstock

Pavan Burugula Mumbai

The foreign investor count in the capital markets has remained about the same in the past four years, despite overhaul of regulations to ease the entry process.

At the end of May, there were 8,781 foreign institutions. Of which 7,807 were foreign portfolio investors (FPIs) and 974 were deemed-FPIs (foreign institutional investors, yet to transit to the FPI regime). In December 2013, before the new FPI regime took effect, there were 8,557 FIIs, including 6,410 sub-accounts.

This is in contrast to the popular perception that the foreign investor base has increased significantly in recent years, after introduction of the FPI regulations by