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

Mid and smallcap earnings to outshine Nifty 50 despite valuation concerns: Manish Sonthalia

Manish Sonthalia of Emkay Investment Managers suggests buying on dips in the current market, supported by earnings, macros, and global flows. He favors public sector

July 14, 2025

BEML shares trade 2% higher on stock split hopes ahead of board meet

BEML shares rose 1.68% to Rs 4,499 on Monday ahead of its July 21 board meeting, where a stock split proposal will be considered. The

July 14, 2025

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

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