As the Indian equities continued to scale new highs post the Union Budget for FY22, the net foreign portfolio investments (FPI) into the Indian equities in February was Rs 25,787 crore.
The total net FPIs in 2020 now stand at Rs 45,260 crore, as per NSDL data.Foreign investments have continued to flow in post the Union Budget which announced further liberalisation measures including privatisation of banks and also did not come up with a new tax levy.So far, in the financial year 2021-22, net FPIs into equities stood at Rs 2.63 lakh crore, the highest ever FPI inflow into the country.Further, the net foreign institutional investment (FII) during the month was Rs 42,044.46 crore.