India's total market-cap rises to Rs 155 trn on growth in FPI, MF assets

India’s total market capitalisation has risen 7.1 per cent, or Rs 10.3 trillion, to Rs 155 trillion, so far, this calendar year. Foreign portfolio investors (FPIs) and mutual funds (MFs) have seen their assets under custody (AUC) grow at a much faster rate. FPIs, the biggest investor class outside promoters, have seen their AUC go up 11.5 per cent, or Rs 3.1 trillion, to Rs 30.4 trillion, while MFs have seen their assets increase by Rs 1.8 trillion, or 18.4 per cent, to almost Rs 12 trillion. While most part of the asset growth is because of capital appreciation, a