FPI inflow in equity nears Rs 1 trillion in 2019, highest in six years

Domestic mutual funds pumped in Rs 52,850 crore in equities during CY19

Overseas investors have been pouring in money in quality large-cap stocks in calendar year 2019 (CY19), with their net investment in Indian equities nearing the Rs 1-trillion mark during this period – a six-year high. Thus far in CY19, foreign portfolio investors (FPIs) have pumped in a net Rs 99,966 crore ($14.2 billion) in equities. The inflow during the year is highest since CY13, when they made a net investment of Rs 1.1 trillion ($20.1 billion) in equities.

FPIs reposed faith in