07 May, 2020
6 Min Read
Part of: GS-III- Economy (PT-MAINS-PERSONALITY TEST)
According to recent data from Central Depository Services Limited (CDSL), the Foreign Portfolio Investors (FPIs) have significantly reduced the pace of outflows from the equity and debt market in April, 2020, after a record net outflow of Rs 1,18,203 crore in March 2020.
FPIs sold a net of Rs 6,883 crore from the equities market and net holdings worth Rs 12,551 crore from the debt market in April.
However, they invested a net of Rs 4,032 crore in the debt Voluntary Retention Route (VRR) scheme. VRR scheme allows FPIs to participate in repo transactions and also invest in exchange-traded funds that invest in debt instruments.
Voluntary Retention Route (VRR) scheme
Foreign Portfolio Investment
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