FPI count grows marginally in 4 years

However, investments by foreign portfolio investors surged in value terms

The foreign investor count in the capital markets has remained about the same in the past four years, despite an overhaul of regulations to ease the entry process. At the end of May, there were 8,781 foreign institutions. Of which 7,807 were foreign portfolio investors (FPIs) and 974 were deemed-FPIs (foreign institutional investors, yet to transit to the FPI regime). In December 2013, before the new FPI regime took effect, there were 8,557 FIIs, including 6,410 sub-accounts.

This is in contrast to the popular perception that the foreign investor base has increased significantly in recent years, after the introduction of