FPIs Return to Indian Equities With ₹15,157 Crore July Inflow

Foreign Portfolio Investors (FPIs) have staged a notable comeback into the Indian equity market, recording a net inflow of ₹15,157 crore during July 2026. This reversal follows a persistent four-month period of net selling, suggesting a renewed interest in Indian corporate valuations among global institutional investors. The positive inflow reflects a growing confidence in the domestic economy's mid-term resilience despite recent global macroeconomic pressures.

Domestic momentum remains equally robust, as highlighted by recent data from the Association of Mutual Funds in India (AMFI). Equity mutual fund inflows experienced a significant 26% jump in June compared to May, with investors showing a clear preference for mid-cap and small-cap schemes. The surge in participation across gold and silver Exchange Traded Funds (ETFs) further signals a broader asset diversification trend among Indian retail and institutional participants who are seeking safe havens and growth exposure.

Institutional giants are actively recalibrating their India portfolios. Helios, the Singapore-based investment firm, has identified Adani Enterprises as a significant long-term growth prospect, disclosing the acquisition of 770,000 shares during the second quarter. This move underscores the continued interest in large-cap Indian industrial leaders. As FPIs resume net buying and domestic retail flows maintain their trajectory, market participants remain optimistic about the liquidity conditions heading into the second half of the year.