Is it correct that FPIs have a cumulative investment of nearly $250 billion invested in India? How has this trend grown in the last few years?
Answer
Answer
You are right that FPIs have invested close to $250 billion cumulative in the last 25 years since they were allowed to invest in India. However, in the last 10 years since the financial crisis, the actual FPI cumulative investment in India has nearly tripled. The table below should give you a quick idea of how the FPI investments in India progressively stacked up.
Month
Gross Purchases (Rs. in crore)
Gross Sales (Rs. in crore)
Net Investment (Rs. in crore)
Net Investment (US $ mn.)
Cumulative Investment (US $ mn.)
Apr-10
74,374
61,981
12,393
2,783
92,116
May-10
71,569
78,555
-6,986
-1,505
90,611
Jun-10
68,976
57,727
11,249
2,424
93,035
Jul-10
80,671
55,947
24,724
5,285
98,320
Aug-10
75,396
60,710
14,686
3,163
1,01,483
Sep-10
92,837
60,169
32,668
7,100
1,08,583
Oct-10
1,07,630
83,328
24,303
5,468
1,14,052
Nov-10
1,03,475
82,265
21,211
4,785
1,18,837
Dec-10
82,561
79,346
3,214
710
1,19,547
Jan-11
83,365
78,001
5,364
1,198
81,271
Feb-11
74,854
78,125
-3,270
-721
80,550
Mar-11
76,890
70,008
6,883
1,535
82,085
Apr-11
76,732
69,536
7,196
1,616
83,701
May-11
77,046
81,322
-4,276
-948
82,753
Jun-11
80,624
75,741
4,883
1,083
83,836
Jul-11
77,218
66,566
10,653
2,399
86,235
Aug-11
69,590
77,493
-7,903
-1,766
84,469
Sep-11
64,868
66,735
-1,866
-342
84,126
Oct-11
64,411
61,332
3,079
634
84,761
Nov-11
62,296
65,559
-3,263
-586
84,175
Dec-11
92,020
70,147
21,873
4,195
1,27,844
Jan-12
76,548
50,220
26,329
5,087
1,32,930
Feb-12
1,03,634
68,406
35,228
7,164
1,40,095
Mar-12
76,298
74,505
1,793
387
1,40,482
Apr-12
50,425
55,322
-4,897
-927
1,39,555
May-12
59,800
56,578
3,222
597
1,40,153
Jun-12
63,475
62,295
1,181
209
1,40,362
Jul-12
67,520
53,856
13,664
2,463
1,42,824
Aug-12
59,951
48,882
11,069
1,996
1,44,820
Sep-12
82,969
63,086
19,884
3,682
1,48,502
Oct-12
75,737
56,521
19,216
3,646
1,52,148
Nov-12
66,815
56,946
9,869
1,805
1,53,954
Dec-12
92,862
66,070
26,792
4,905
1,58,859
Jan-13
95,777
70,771
25,006
4,610
1,63,469
Feb-13
97,729
69,289
28,441
5,318
1,68,787
Mar-13
91,786
76,867
14,919
2,741
1,71,529
Apr-13
86,203
75,455
10,749
1,992
1,73,521
May-13
1,01,674
73,536
28,138
5,176
1,78,697
Jun-13
66,998
1,11,160
-44,162
-7,536
1,71,161
Jul-13
75,348
93,472
-18,124
-3,026
1,68,135
Aug-13
86,776
1,02,472
-15,695
-2,457
1,65,679
Sep-13
93,575
86,196
7,380
1,151
1,66,830
Oct-13
71,822
69,694
2,128
357
1,67,186
Nov-13
65,767
63,635
2,133
343
1,67,530
Dec-13
80,133
58,756
21,376
3,460
1,70,989
Jan-14
98,553
85,230
13,323
2,187
1,73,176
Feb-14
76,086
63,344
12,741
2,054
1,75,230
Mar-14
1,18,076
86,412
31,663
5,175
1,80,405
Apr-14
90,853
90,436
418
76
1,80,480
May-14
1,55,525
1,21,747
33,778
5,701
1,86,181
Jun-14
1,52,548
1,21,842
30,705
5,188
1,91,377
Jul-14
1,30,902
94,856
36,046
6,009
1,97,386
Aug-14
1,11,481
89,348
22,134
3,646
2,01,032
Sep-14
1,31,805
1,10,833
20,972
3,460
2,04,493
Oct-14
99,864
83,132
16,732
2,730
2,07,223
Nov-14
1,28,358
1,02,882
25,476
4,134
2,11,357
Dec-14
1,13,231
1,01,007
12,225
1,998
2,13,355
Jan-15
1,41,227
1,07,539
33,688
5,453
2,18,800
Feb-15
1,20,838
96,275
24,564
3,966
2,22,766
Mar-15
1,44,713
1,23,990
20,723
3,337
2,26,103
Apr-15
1,36,238
1,20,905
15,333
2,441
2,28,551
May-15
1,21,140
1,35,412
-14,272
-2,235
2,26,317
Jun-15
1,43,320
1,44,928
-1,608
-250
2,26,067
Jul-15
1,08,598
1,03,275
5,323
842
2,26,909
Aug-15
1,11,844
1,29,368
-17,524
-2,645
2,24,264
Sep-15
1,00,345
1,06,128
-5,784
-874
2,23,391
Oct-15
1,21,075
98,724
22,350
3,444
2,26,834
Nov-15
81,117
91,943
-10,826
-1,641
2,25,194
Dec-15
92,442
1,00,746
-8,304
-1,243
2,23,951
Jan-16
90,880
99,694
-8,814
-1,300
2,22,651
Feb-16
87,636
1,01,352
-13,716
-2,001
2,20,650
Mar-16
1,29,784
1,10,117
19,667
2,938
2,23,588
Apr-16
1,18,609
1,03,775
14,834
2,234
2,25,821
May-16
1,07,126
1,08,992
-1,866
-276
2,25,546
Jun-16
1,17,711
1,20,219
-2,507
-367
2,25,179
Jul-16
1,20,284
1,00,827
19,457
2,897
2,28,076
Aug-16
1,27,522
1,21,075
6,446
964
2,29,040
Sep-16
1,46,050
1,25,817
20,233
3,039
2,32,079
Oct-16
98,587
1,08,894
-10,306
-1,543
2,30,535
Nov-16
1,30,540
1,69,936
-39,396
-5,786
2,24,749
Dec-16
1,11,622
1,38,734
-27,111
-3,989
2,20,760
Jan-17
97,399
1,00,895
-3,496
-512
2,20,248
Feb-17
1,27,384
1,11,522
15,862
2,363
2,23,123
Mar-17
2,04,192
1,47,931
56,261
8,577
2,31,187
Apr-17
1,21,630
98,872
22,758
3,513
2,34,701
May-17
1,48,177
1,21,311
26,866
4,170
2,38,871
Jun-17
1,69,484
1,40,182
29,302
4,548
2,43,419
Jul-17
1,43,880
1,19,852
24,028
3,732
2,47,151
Aug-17
1,24,846
1,22,169
2,677
427
2,47,577
Sep-17
1,27,848
1,37,891
-10,043
-1,533
2,46,045
Oct-17
1,45,519
1,26,400
19,119
2,933
2,48,978
Nov-17
1,62,377
1,42,119
20,258
3,118
2,52,096
Dec-17
1,41,461
1,45,004
-3,544
-552
2,51,545
Jan-18
1,66,296
1,44,024
22,272
3,498
2,55,042
Feb-18
1,30,718
1,42,006
-11,288
-1,740
2,53,303
Mar-18
1,46,510
1,43,848
2,662
410
2,53,653
Apr-18
1,34,719
1,50,280
-15,561
-2,353
2,51,300
May-18
1,27,492
1,57,268
-29,776
-4,410
2,46,890
Jun-18
1,45,150
1,60,945
-15,795
-2,322
2,44,568
Jul-18
1,28,611
1,26,347
2,264
330
2,44,898
Aug-18
1,19,546
1,14,401
5,146
762
2,45,660
Sep-18
1,31,050
1,52,085
-21,035
-2,907
2,42,754
Oct-18
1,34,507
1,73,412
-38,906
-5,281
2,37,473
Nov-18
1,28,221
1,16,626
11,595
1,610
2,39,082
Dec-18
1,29,514
1,21,625
7,889
1,129
2,40,211
Clearly the above table indicates that the total money that FPIs are holding in value terms has nearly tripled in the last 10 years to a level of $250 billion.