The value of foreign portfolio investment (FPI) in Indian equities was at $542 billion in the March quarter of 2023, a decline of 11 per cent from the preceding year.
Sebi said in case an FPI applicant belongs to an existing FPI investor group, it may submit its unique FPI investor group ID in the CAF, in lieu of providing complete details of all group constituents
Foreign portfolio investors (FPIs) were net sellers at $6.4 billion in June; overseas investors have now cumulatively net sold shares worth $33.6 billion in nine consecutive months.