If trend holds, this will be first monthly outflows of over $10 bn
The velocity of the selling was so high that barely any sector was spared. However, metals and utilities still managed marginal inflows
Global headwinds and FPIs outflows outweighed the positive sentiment triggered by RBI signalling rate cut in its next meeting
FPIs sold shares worth nearly Rs 8,300 crore, extending their month-to-date selling to almost Rs 40,000 crore
The cell is tasked with providing guidance at the pre-application stage, including documentation and compliance processes, and offering support during the onboarding phase by resolving any operational
To ease onboarding for FPIs and reduce duplication of information, Sebi on Tuesday proposed an abridged version of Common Application Form (CAF) that only requires information unique to the applicant. Further, the rest of the information will be auto-filled from the depository's records or certain fields will be disabled if not needed. Also, the applicants will need to confirm that the previously provided information remains unchanged, Sebi proposed in its consultation paper. The regulator observed that in case of certain categories of Foreign Portfolio Investor (FPI) applicants like multiple funds under an Investment Manager (IM), sub-funds of a master fund, or schemes of insurance companies, much of their relevant information is already captured in depositories' CAF module, which can be leveraged without seeking the same from said applicants. Further, there are certain fields which are exclusive to individual FPI applicants and hence will not be applicable to the applicants ...
FPI flows had slumped in the first two quarters (March and June) of calendar 2024 after pumping Rs 53,036 crore in the December 2023 quarter
Industry participants note that while there is interest from NRIs and investors, some are reluctant to provide PAN and know-your-customer (KYC) details
The investment in FAR securities had exceeded Rs 1 trillion on October 16, 2023
Mandates disclosure of beneficial ownership, allocates registration and monitoring responsibility to DDPs
Foreign portfolio investors sold shares worth Rs 621 crore, while domestic institutions pumped in Rs 2,121 crore
Deadline to not have holdings beyond specified thresholds ends on Monday
Regulatory officials say gains from faster payout will outweigh increased costs
DII flows have remained positive for 13 consecutive months now. The last time they were net sellers was in June 2023
This move comes in response to several requests from foreign investors seeking to simplify the reporting requirements they currently face when exceeding the 10 per cent threshold
Custodians say investment in Adani-linked offshore fund could be a case of bad luck
Prior to this, the IT sector was divided into software, services and hardware technology
Says exemption will be granted only if the fund's India equity AUM is less than 25% of the global AUM and global AUM is higher than Rs 10,000 crore
Currently, foreign investors hold around $1 billion worth of existing 30-year bonds
The shareholding of foreign portfolio investors was pegged at 20.5 per cent in Q1FY25, a 0.16 per cent decline from Q4FY24