Edited by: Namit Singh Sengar
Last updated: February 09, 2023, 5:08 PM IST
The report said Indian mutual funds counterbalanced FIIs. (Representative image)
According to the report, Indian equities are the best of the G20 in terms of returns and consistency.
Foreign Institutional Investors (FIIs) appear to be losing ground to Foreign Direct Investment (FDI), Indian investment funds.
According to a report by Anand Rathi Shares and Stock Brokers, FII’s (dollar-denominated) Indian equity portfolio has increased by 1.8x since 2014 and the portfolio value of FDI in listed Indian equities has increased by 4.1x over the same period and that of Indian MFs with 5.8x.
Indian equities are the best of the G 20 in terms of returns and consistency, it added.
The report said Indian mutual funds counterbalanced FIIs.
Indian mutual funds neutralized the impact of the FII sell-off in 2022. It noted that the money for MFs comes mainly through SIP.
In particular, investors are betting big on SIPs to generate long-term wealth, with monthly flows in the mutual fund industry through the route rising to an all-time high of Rs 13,040 crore in October 2022.
Annualized Equity Returns in US Dollars: 2000-22 – longer term over 5 years;
Indian stock market the fourth largest in the world and one of the fastest growing.
Why Indian stocks the best of all major countries?
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