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Holdings of top FPIs double in 3 years

Rise was due to more interest in India, govt policies and surge in equity prices

Ashley Coutinho  |  Mumbai 

The investment value of several top foreign portfolio investors (FPIs) in Indian shares has doubled or nearly doubled in the past three years. Government of Singapore Investment Corporation (GIC Pte) has seen its investment value more than double from Rs 17,823 crore to Rs 40,571 crore, data collated from Prime Database shows.

The data looks at funds that own more than one per cent in Indian stocks and is for the period between March 2014 and March 2017. Government Pension Fund Global, a sovereign wealth fund owned by the government of Norway, saw its investment value double ...

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First Published: Thu, June 01 2017. 23:25 IST
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