FPIs pare exposure to financials on rising fund costs, rate cut impact

February 27, 2024

The peak weight of the financial stocks in the FPIs portfolio was around 38% in the pre-Covid period. In 2023, FPIs deployed only 16.4% of the total inflow of $21 billion to the financial sector. Mirroring the trend of FPIs, local mutual funds too are paring their exposure to private banks with the sector weight in their AUM dropping to 17.1% in January 2024 from a high of 20.5% in June 2023.

More To Explore

Bajaj Finserv shares rise 2%, extend gains after Q2 results. Why Jefferies reduced target price but still sees 34% upside

Bajaj Finserv shares had gained around 2% on Tuesday as well after the company announced the earnings, reporting a 17% YoY increase in revenue from

November 4, 2026

Awfis Space Solutions shares rally 13% after Q2 profit jumps 94% YoY, revenue rises 20%

Awfis Space Solutions shares rallied after the company reported 94% year-on-year profit growth and a 20% rise in Q2 FY27 revenue. Strong seat sales, premium

November 4, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003