July FPI inflows touch Rs 42,000 crore, top February record
Foreign portfolio investors (FPIs) returned to Indian markets in July 2026, recording inflows of Rs 42,000 crore after four months of heavy selling. While this marks the strongest monthly inflow of the year, year-to-date equity flows remain in a net deficit due to significant earlier outflows.
Why it matters
The recovery signals a potential shift in investor sentiment toward Indian assets, though the overall year-to-date deficit highlights ongoing global economic volatility.
MUMBAI: Foreign portfolio investors (FPIs) turned net buyers in Indian equities in July, breaking a four-month streak of heavy outflows, even as overall flows in 2026 remain under pressure.Net FPI equity inflows stood at nearly $1.6 billion (Rs 14,946 crore) till July 24, marking a reversal after sustained selling between March and June.Supported by continued buying in debt, total FPI inflows across asset classes rose to nearly $4.4 billion (Rs 41,796 crore) in July, making it the strongest month for foreign inflows so far this year and surpassing February's $4.2 billion (Rs 37,804 crore).A large chunk of the inflows came from SBI Funds IPO where FPIs participated both in the anchor as well as QIP book.According to V K Vijayakumar, chief investment strategist at Geojit Investments, July inflows have been largely driven by primary market activity,…
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