Business Standard

It is time to rejig portfolios

The FPI sales were more than matched in the equity space by Domestic Institutional inflows of Rs 597 billion

Image
Premium

Devangshu Datta
In the last six months, foreign portfolio investors (FPIs) pulled $19 billion out of Asia's Emerging Markets. That included FPI selling of rupee debt to the tune of Rs 400 billion and sales of Rs 57 billion of rupee equity.
 
The FPI sales were more than matched in the equity space by Domestic Institutional inflows of Rs 597 billion. Taking the five month period, January-May 2018, equity mutual fund (MF) inflows amounted to Rs 356 billion, which is a large proportion of the Rs 597 billion contribution by all domestic institutional investors (DIIs). In the first two months of
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 30 2018 | 6:38 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com