After outflows worth ₹37,632 crore in the financial year 2022-23 (FY23), foreign portfolio investors (FPIs) returned as buyers in the current financial year (FY24), buying Indian equities worth ₹2.04 lakh crore so far.
The Securities and Exchange Board of India (SEBI) last year asked offshore funds that have invested more than 50% of their assets under management (AUM) in a single group of companies and have more than 250 billion rupees ($3 billion) in Indian equity markets to disclose their investors.