Since the Indian economy was liberalized in 1991 and Foreign institutional investors were allowed to participate in Indian Stock Markets, flood of money has come to Indian equities and debt instruments since then. Though it remained a bit sluggish in initial years but has picked up pace since 2004 when we received around 40000 crores from FIIs.
In 20 year period between FY-1993 and FY-2013 we had only two years FY-1999 and FY-2008 when FII were net sellers and taken money out. FY-2013 witnessed record inflows of 140000 crores or $26 billion USD which is more than the inflows of first 10 years put together.
Financial Year
|
Equity
|
Debt
|
Total
|
1992-93
|
13
|
0
|
13
|
1993-94
|
5,127
|
0
|
5,127
|
1994-95
|
4,796
|
0
|
4,796
|
1995-96
|
6,942
|
0
|
6,942
|
1996-97
|
8,546
|
29
|
8,575
|
1997-98
|
5,267
|
691
|
5,958
|
1998-99
|
-717
|
-867
|
-1,584
|
1999-00
|
9,670
|
453
|
10,122
|
2000-01
|
10,207
|
-273
|
9,933
|
2001-02
|
8,072
|
690
|
8,763
|
2002-03
|
2,527
|
162
|
2,689
|
2003-04
|
39,960
|
5,805
|
45,765
|
2004-05
|
44,123
|
1,759
|
45,881
|
2005-06
|
48,801
|
-7,334
|
41,467
|
2006-07
|
25,236
|
5,605
|
30,840
|
2007-08
|
53,404
|
12,775
|
66,179
|
2008-09
|
-47,706
|
1,895
|
-45,811
|
2009-10
|
110,221
|
32,438
|
142,658
|
2010-11
|
110,121
|
36,317
|
146,438
|
2011-12
|
43,738
|
49,988
|
93,726
|
2012-13
|
140,033
|
28,334
|
168,367
|
Total
|
628,377
|
168,467
|
796,844
|
Source: SEBI
|
Amount in INR (Crores)
| ||
To know the FII and DII activity for the current day check out the following link: FII Inflow data today
Hi Amit,
ReplyDeleteNice inputs.
But when you say "FY-2013 witnessed record inflows of 140000 crores or $26 billion USD which is more than the inflows of first 10 years put together"
How can you compare these numbers without indexation.
These numbers are on absolute basis and yes with indexation we would have better understanding on the relative inflows compared to previous years.
ReplyDeleteBut is needs to be seen in the context that not every asian country received such gigantic flows. After all $26 billion was $26 billion 20 years ago also, it's just the purchasing power of that money is not same.