NEW DELHI: Total foreign fund inflows crossed Rs 83,000 crore during the first four months of 2015, with overseas investors pumping in over Rs 4,000 crore so far in April.
As per the data compiled by Central Depository Services Ltd, Foreign Portfolio Investors (FPIs) bought shares worth Rs 2,984 crore till April 17, while they infused Rs 1,043 crore in the debt markets, taking their net investment to Rs 4,027 crore ($645 million).
With this, their total net investment in the country’s capital markets (equity and debt segments) so far in 2015 stood at Rs 83,002 crore (about $13.4 billion).
The net inflows by overseas investors in debt markets stood at Rs 1.59 lakh crore last year, while the same for equities was Rs 97,054 crore.
Overall, the net investment by foreign investors stood at Rs 2.56 lakh crore last year.
Market participants attributed the robust inflows to positive investor sentiment driven by several reform measures announced by the government.
They also expect the inflows to accelerate further in view of clearance of reform bills for insurance, coal and mining, as also on assurances on controversial issues like General Anti-Avoidance Rules (GAAR).
It may be noted that the Union Finance Minister Arun Jaitley had announced a slew of measures to attract overseas investment in the country in Budget 2015-16.
Besides, the Finance Minister has deferred the controversial GAAR by two years to soothe investors’ nerves, saying its immediate applicability can create ‘panic’ in markets.