At 2.68 lakh crore, this is just 39,625 crore away from 2014-15's record net inflows of ₹2.77 lakh crore. In monthly average terms, foreign portfolio investors have invested net 29,780 crore in Indian equities and debt this fiscal. With three months left for the close of 2023-24, the final figure could set a new record for FPI. Between equity and debt, the former accounts for net flows of 2.02 lakh crore, while debt investments stand at 266,105 crore. In 2014-15, the year that the Narendra Modi government first came to power, equity inflows were at 21.11 lakh crore, while net debt inflows stood at 1.66 lakh crore.
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The King and his kingdom
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