Canadian FPI Assets In India Have Risen By Rs 28,000 Crore Since February

Canada-based foreign portfolio investors have seen their equity assets under custody swell by nearly Rs 28,000 crore since the end of February.

Canadian investors registered with the Securities and Exchange Board of India held equity assets valued at Rs 1.76 lakh crore, or nearly $21 billion, as of May. One of the biggest investors in the market is the Canadian Pension Fund, which held $12.2 billion worth of rupee assets (listed and unlisted) as of March. CPP held 2% of the net assets in Indian currency, and this has declined from 3% at the end of March 2024.

FPI investment from Canada peaked in September 2024, when the total assets under custody rose to an all time high of Rs 1.98 lakh crore at the end of the month, according to data available on the NSDL website.