This year, FPIs have invested Rs 11,162 crore in equities so far, while FPI investments in debt during the same period have stood at Rs 74,928 crore.
According to market experts, the inclusion of Indian government bonds in the JPMorgan Emerging Markets (EM) Government Bond Index and further movement by investors have contributed to this gap in equity and debt flows.
Milind Muchhala, executive director, Julius Baer India, said India remains an attractive investment destination amid healthy economic and income growth momentum, and FPIs cannot afford to ignore the markets for too long.
"In the event of a global risk-off environment due to rising expectations of rate cuts, this could lead to increased inflows into EM equities, with India expected to emerge as one of the major beneficiaries of the inflows," he said.
In the fortnight ending June 30, FPIs bought heavily in telecom and financial services.
They were also buyers in auto, capital goods, healthcare and IT.
Selling was seen in metals, mining and power, which have surged in recent months.
According to market experts, the inclusion of Indian government bonds in the JPMorgan Emerging Markets (EM) Government Bond Index and further movement by investors have contributed to this gap in equity and debt flows.
Milind Muchhala, executive director, Julius Baer India, said India remains an attractive investment destination amid healthy economic and income growth momentum, and FPIs cannot afford to ignore the markets for too long.
"In the event of a global risk-off environment due to rising expectations of rate cuts, this could lead to increased inflows into EM equities, with India expected to emerge as one of the major beneficiaries of the inflows," he said.
In the fortnight ending June 30, FPIs bought heavily in telecom and financial services.
They were also buyers in auto, capital goods, healthcare and IT.
Selling was seen in metals, mining and power, which have surged in recent months.
