FPIs have been withdrawing money from emerging markets and redeploying it in the US market for better returns. (Representative image. Photo source: Freepik)
The Trump Trade initiated the gradual withdrawal of money by foreign investors from emerging markets, including India. Since the end of September 2024, foreign portfolio investors have seen their India assets under custody fall from $931.1 billion to $748.1 billion as of Feb. 15, 2025, an erosion of $183 billion in value.In rupee terms, the value of FPIs has fallen from Rs 77.96 lakh crore to Rs 64.77 lakh crore during the same perio...