Adani Enterp. 2449.95↑16.00(0.66%)
Adani Ports 744.35↑5.55(0.75%)
Apollo Hospitals 4922.75↓-27.45(-0.55%)
Asian Paints 3227.80↑28.05(0.88%)
Axis Bank 958.30↑7.45(0.78%)
B P C L 358.30↑1.50(0.42%)
Bajaj Auto 4721.10↑11.05(0.23%)
Bajaj Finance 7082.25↑39.05(0.55%)
Bajaj Finserv 1467.05↑8.15(0.56%)
Bharti Airtel 828.00↓-6.50(-0.78%)
Britannia Inds. 4684.00↑1.40(0.03%)
Cipla 969.00↓-5.80(-0.59%)
Coal India 228.40↓-1.30(-0.57%)
Divi's Lab. 3507.95↑45.65(1.32%)
Dr Reddy's Labs 4622.30↑18.75(0.41%)
Eicher Motors 3703.70↑30.45(0.83%)
Grasim Inds 1753.95↑19.45(1.12%)
H D F C 2639.30↓-5.50(-0.21%)
HCL Technologies 1118.35↓-19.95(-1.75%)
HDFC Bank 1601.85↓-2.55(-0.16%)
HDFC Life Insur. 568.50↓-5.65(-0.98%)
Hero Motocorp 2897.25↑26.65(0.93%)
Hind. Unilever 2688.05↓-7.75(-0.29%)
Hindalco Inds. 417.05↓-2.65(-0.63%)
ICICI Bank 940.60↓-6.15(-0.65%)
IndusInd Bank 1309.15↑7.35(0.56%)
Infosys 1275.25↓-29.25(-2.24%)
ITC 441.35↑0.70(0.16%)
JSW Steel 714.00↑1.85(0.26%)
Kotak Mah. Bank 1944.00↑19.10(0.99%)
Larsen & Toubro 2268.95↑0.65(0.03%)
M & M 1398.00↑2.60(0.19%)
Maruti Suzuki 9739.55↑157.45(1.64%)
Nestle India 21818.65↓-15.50(-0.07%)
NTPC 175.20↑1.10(0.63%)
O N G C 153.95↓-1.45(-0.93%)
Power Grid Corpn 236.25↑0.65(0.28%)
Reliance Industr 2475.00↓-2.25(-0.09%)
SBI Life Insuran 1213.00↓-2.40(-0.20%)
St Bk of India 585.35↓-1.85(-0.32%)
Sun Pharma.Inds. 1008.30↓-0.45(-0.04%)
Tata Consumer 788.80↓-3.65(-0.46%)
Tata Motors 552.20↑5.95(1.09%)
Tata Steel 108.80↓-0.60(-0.55%)
TCS 3235.80↓-53.10(-1.61%)
Tech Mahindra 1075.60↓-33.75(-3.04%)
Titan Company 2877.75↑22.05(0.77%)
UltraTech Cem. 8013.20↑131.20(1.66%)
UPL 694.45↑4.45(0.64%)
Wipro 396.50↓-7.70(-1.90%)

India-focused offshore fund, ETFs record $803 mn net inflow in Q4

This, after 17 quarters of net outflows on the trot; experts attribute change in FPI stance to better valuations in Indian market, strong fundamentals

Abhishek Kumar Mumbai

India-focused offshore fund, ETFs record $803 mn net inflow in Q4

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3 min read Last Updated : May 17 2023 | 5:48 PM IST

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After 17 quarters of net outflows in a row, India-focused offshore funds and exchange traded funds (ETFs) have received net inflows for three consecutive quarters now, signalling a shift in stance of foreign investors with respect to the Indian market.

In the past three quarters (Between October 2022 and March 2023) offshore funds and ETFs have received a net of $1.8 billion, shows the latest Morningstar Offshore Fund Spy report.

Experts attribute the change in stance of foreign portfolio investors (FPIs) to improvement in valuations of the Indian market and strong fundamentals.