MOFSL says FII outflows have left decade-long investing near nil
In short
MOFSL said foreign investors pulled money out over the last two years, leaving a decade-long investment position close to zero. At the same time, domestic investors put about $177 billion into Indian equities in the past 24 months.
This matters for Indian markets because local buying has been strong even as foreign money left. The reporting does not say how much FII money is still invested now.
What the reporting says
MOFSL said FII outflows over two years have left a decade-long investment position near nil, according to the Business Standard summary. The same reporting says DIIs pumped a record around $177 billion into Indian equities over the past 24 months, 23% more than their cumulative inflows in the prior eight years. The available snippet does not state whether the outflows are fully offset or give the current FII balance.
Why it matters
The reported point is that two years of FII outflows have reduced a longer-term investment position to near nil, while DIIs added around $177 billion over 24 months. The source frames this as a major shift in ownership flows in Indian equities. It does not provide the exact FII balance or any market forecast, so the main takeaway is the contrast between foreign selling and domestic buying.