{"id":15127,"date":"2026-07-23T16:52:00","date_gmt":"2026-07-23T11:22:00","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=15127"},"modified":"2026-07-23T14:53:52","modified_gmt":"2026-07-23T09:23:52","slug":"debt-over-equity-foreign-portfolio-investors-shift-focus-to-indian-fixed-income","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/bond-news\/debt-over-equity-foreign-portfolio-investors-shift-focus-to-indian-fixed-income\/","title":{"rendered":"Debt Over Equity: Foreign Portfolio Investors Shift Focus to Indian Fixed Income\u00a0"},"content":{"rendered":"<div class=\"gpi-custom-widget-box\" style=\"border-left-color: #0066cc; background-color: #f0f7ff;\">\n<div class=\"gpi-custom-widget-title\" style=\"color: #0066cc;\">\ud83d\udcdd Quick Summary:<\/div>\n<h2 class=\"gpi-custom-widget-h2-content\"><span class=\"ez-toc-section\" id=\"Foreign_Portfolio_Investors_FPIs_have_initiated_a_record-breaking_shift_from_Indian_equities_into_the_fixed-income_market_driven_by_attractive_yields_and_lucrative_tax_exemptions_Global_funds_withdrew_over_%E2%82%B927_lakh_crore_from_Indian_stocks_while_pouring_a_massive_%E2%82%B955518_crore_into_Indian_debt_in_June_alone\"><\/span><span data-subtree=\"aimfl,mfl\" data-copy-service-computed-style=\"font-family: &quot;Google Sans&quot;, Arial, sans-serif; font-size: 16px; font-weight: 400; margin: 0px; text-decoration: none; border-bottom: 0px rgb(10, 10, 10);\">Foreign Portfolio Investors (FPIs) have initiated a record-breaking shift from Indian equities into the fixed-income market, driven by attractive yields and lucrative tax exemptions<\/span>. Global funds withdrew over \u20b92.7 lakh crore from Indian stocks while pouring a massive \u20b955,518 crore into Indian debt in June alone<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/div>\n\n\n<p>In 2026, foreign portfolio investors (FPIs) allocated the majority of their investments to Indian debt rather than equities. FPIs invested \u20b963,784 <sup>[1]<\/sup> crore in Indian bonds and, during the same timeframe, withdrew a total of \u20b92.74 lakh crore <sup>[1]<\/sup> from the Indian stock market. Data from the National Securities Depository Ltd (NSDL) indicates that in June 2026, inflows of Indian debt surpassed the outflows of Indian equities, after the gap had increasingly widened since the start of the year.&nbsp;<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/debt-over-equity-foreign-portfolio-investors-shift-focus-to-indian-fixed-income\/#Foreign_Portfolio_Investors_FPIs_have_initiated_a_record-breaking_shift_from_Indian_equities_into_the_fixed-income_market_driven_by_attractive_yields_and_lucrative_tax_exemptions_Global_funds_withdrew_over_%E2%82%B927_lakh_crore_from_Indian_stocks_while_pouring_a_massive_%E2%82%B955518_crore_into_Indian_debt_in_June_alone\" >Foreign Portfolio Investors (FPIs) have initiated a record-breaking shift from Indian equities into the fixed-income market, driven by attractive yields and lucrative tax exemptions. Global funds withdrew over \u20b92.7 lakh crore from Indian stocks while pouring a massive \u20b955,518 crore into Indian debt in June alone<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/debt-over-equity-foreign-portfolio-investors-shift-focus-to-indian-fixed-income\/#Equity_Outflows_vs_Debt_Inflows_The_2026_Divergence\" >Equity Outflows vs Debt Inflows: The 2026 Divergence<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/debt-over-equity-foreign-portfolio-investors-shift-focus-to-indian-fixed-income\/#Whats_Pulling_FPIs_Toward_Indian_Bonds\" >What&#8217;s Pulling FPIs Toward Indian Bonds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/debt-over-equity-foreign-portfolio-investors-shift-focus-to-indian-fixed-income\/#Why_Equities_Remain_Out_of_Favour\" >Why Equities Remain Out of Favour<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/debt-over-equity-foreign-portfolio-investors-shift-focus-to-indian-fixed-income\/#Outlook_Bloomberg_Index_Inclusion_in_Focus\" >Outlook: Bloomberg Index Inclusion in Focus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/debt-over-equity-foreign-portfolio-investors-shift-focus-to-indian-fixed-income\/#Sources\" >Sources<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/debt-over-equity-foreign-portfolio-investors-shift-focus-to-indian-fixed-income\/#Disclaimer\" >Disclaimer<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Equity_Outflows_vs_Debt_Inflows_The_2026_Divergence\"><\/span><strong>Equity Outflows vs Debt Inflows: The 2026 Divergence<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In the first half of 2026, FPIs sold a net total of \u20b92.74 lakh crore (USD 29.28 billion) worth of Indian equities. The amount sold in that half of the year was already greater than the total amount sold in 2025, of \u20b91.66 lakh crore <sup>[1]<\/sup> (USD 18.90 billion). Markets for Indian debt tell a completely different story. In the same time period, FPIs invested a net total of \u20b963,784 crore (USD 6.8 billion) in Indian bonds.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2026 debt inflows by route <sup>[2]<\/sup>:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Fully Accessible Route (FAR): \u20b936,265 crore<\/li>\n\n\n\n<li>General limit: \u20b927,225 crore<\/li>\n\n\n\n<li>Voluntary Retention Route (VRR): \u20b9294 crore<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>June 2026 debt inflows by route <\/strong><strong><sup>[2]<\/sup><\/strong><strong>:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>FAR: \u20b921,652 crore ($2.27 billion)<\/li>\n\n\n\n<li>General limit: \u20b930,620 crore ($3.2 billion)<\/li>\n\n\n\n<li>VRR: \u20b93,246 crore<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Latest Fixed Income Updates:<\/h3>\n\n\n<ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><div class=\"wp-block-latest-posts__featured-image aligncenter\"><a href=\"https:\/\/goldenpi.com\/blog\/guide\/how-to-transfer-bonds-between-demat-accounts-via-cdsl\/\" aria-label=\"How to Transfer Bonds Between Demat Accounts via CDSL\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/23174031\/How-to-transfer-Bonds-Between-Demat-Accounts-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"How to transfer Bonds Between Demat Accounts\" style=\"\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/23174031\/How-to-transfer-Bonds-Between-Demat-Accounts-1024x576.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/23174031\/How-to-transfer-Bonds-Between-Demat-Accounts-300x169.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/23174031\/How-to-transfer-Bonds-Between-Demat-Accounts-768x432.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/23174031\/How-to-transfer-Bonds-Between-Demat-Accounts-1536x864.jpg 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/23174031\/How-to-transfer-Bonds-Between-Demat-Accounts.jpg 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/goldenpi.com\/blog\/guide\/how-to-transfer-bonds-between-demat-accounts-via-cdsl\/\">How to Transfer Bonds Between Demat Accounts via CDSL<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image aligncenter\"><a href=\"https:\/\/goldenpi.com\/blog\/bond-news\/debt-over-equity-foreign-portfolio-investors-shift-focus-to-indian-fixed-income\/\" aria-label=\"Debt Over Equity: Foreign Portfolio Investors Shift Focus to Indian Fixed Income\u00a0\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/23145121\/Debt-over-Equity-Foreign-Portfolio-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"Debt over Equity Foreign Portfolio\" style=\"\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/23145121\/Debt-over-Equity-Foreign-Portfolio-1024x576.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/23145121\/Debt-over-Equity-Foreign-Portfolio-300x169.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/23145121\/Debt-over-Equity-Foreign-Portfolio-768x432.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/23145121\/Debt-over-Equity-Foreign-Portfolio-1536x864.jpg 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/23145121\/Debt-over-Equity-Foreign-Portfolio.jpg 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/debt-over-equity-foreign-portfolio-investors-shift-focus-to-indian-fixed-income\/\">Debt Over Equity: Foreign Portfolio Investors Shift Focus to Indian Fixed Income\u00a0<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image aligncenter\"><a href=\"https:\/\/goldenpi.com\/blog\/fixed-deposit\/1-lakh-fixed-deposit-interest-per-month\/\" aria-label=\"\u20b91 Lakh Fixed Deposit Monthly Interest: Best FDs for Regular Income\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/22144007\/1-Lakh-Fixed-Deposit-Monthly-Interest-Rate-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"1 Lakh Fixed Deposit Monthly Interest Rate\" style=\"\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/22144007\/1-Lakh-Fixed-Deposit-Monthly-Interest-Rate-1024x576.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/22144007\/1-Lakh-Fixed-Deposit-Monthly-Interest-Rate-300x169.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/22144007\/1-Lakh-Fixed-Deposit-Monthly-Interest-Rate-768x432.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/22144007\/1-Lakh-Fixed-Deposit-Monthly-Interest-Rate-1536x864.jpg 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/22144007\/1-Lakh-Fixed-Deposit-Monthly-Interest-Rate.jpg 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/goldenpi.com\/blog\/fixed-deposit\/1-lakh-fixed-deposit-interest-per-month\/\">\u20b91 Lakh Fixed Deposit Monthly Interest: Best FDs for Regular Income<\/a><\/li>\n<\/ul>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Whats_Pulling_FPIs_Toward_Indian_Bonds\"><\/span><strong>What&#8217;s Pulling FPIs Toward Indian Bonds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Experts attribute the recent change to a combination of government initiatives and positive economic trends:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The FAR expansion by RBI now encompasses all new issuances of 15-year, 30-year, and 40-year government securities.<\/li>\n\n\n\n<li>The removal of withholding tax on specific <a href=\"https:\/\/goldenpi.com\/collections\/government-bonds\">government bonds<\/a> has increased their appeal to foreign investors<\/li>\n\n\n\n<li>The decline in crude oil prices, which have fallen from a peak of approximately $120 per barrel in late April to nearly $70 per barrel <sup>[3]<\/sup>, is alleviating the strain on India&#8217;s fiscal and current account deficits<\/li>\n\n\n\n<li>The rupee has recently made a recovery, bouncing back from its lowest point of 96.96\/USD in May to now being above 95 <sup>[4]<\/sup><\/li>\n\n\n\n<li>In its June review, the <a href=\"https:\/\/goldenpi.com\/blog\/bond-news\/rbi-monetary-policy-and-bond-markets-rates-unchanged-relaxes-fpi-rules-to-support-bonds\/\" type=\"post\" id=\"13839\">RBI&#8217;s Monetary Policy<\/a> Committee maintained a consistent approach by holding the repo rate at 5.25 percent.<\/li>\n\n\n\n<li>The possibility of global bond index inclusion may lead to a significant influx of passive fund flows into Indian government debt<\/li>\n<\/ul>\n\n\n\n<p>Puneet Pal <sup>[1]<\/sup>, head of <a href=\"https:\/\/goldenpi.com\/collections\/bonds-to-earn-monthly-fixed-income\">fixed income<\/a> at PGIM India Mutual Fund, said the operating environment for debt investing has improved for FPIs, which explains the rise in inflows. He added, \u201cThe measures by the government and RBI have increased the probability of inclusion of Indian government bonds coming under FAR into the Bloomberg Global aggregate Bond Index, which can lead to $25-30 billion of inflows over the next one year.\u201d<\/p>\n\n\n<div class=\"gpi-custom-widget-box\" style=\"border-left-color: #0066cc; background-color: #f0f7ff;\">\n<div class=\"gpi-custom-widget-title\" style=\"color: #0066cc;\">Explore Bonds<\/div>\n<div class=\"gpi-custom-widget-content\">\n<p><a href=\"https:\/\/goldenpi.com\/collections\/high-yield-bonds\">High Yield Bonds\u00a0<\/a>|\u00a0<a href=\"https:\/\/goldenpi.com\/corporate-bonds\">Corporate Bonds<\/a>\u00a0|\u00a0<a href=\"https:\/\/goldenpi.com\/collections\/tax-free-bonds\">Tax Free Bonds<\/a> | <a href=\"https:\/\/goldenpi.com\/\">Buy Bond Platform<\/a><\/p>\n<\/div>\n<\/div>\n\n\n<p>Murthy Nagarajan <sup>[1]<\/sup>, head of income at Tata Mutual Fund, linked the renewed foreign interest to expectations of rupee appreciation, the withdrawal of the withholding tax, and reduced odds of a near-term rate hike given softer oil prices.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_Equities_Remain_Out_of_Favour\"><\/span><strong>Why Equities Remain Out of Favour<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Although there have been positive views on debt, FPIs have consistently sold off Indian equities throughout the year. This is believed to be due to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Surprisingly low domestic corporate earnings growth<\/li>\n\n\n\n<li>Enhanced prospects for technology and AI-related stocks abroad<\/li>\n\n\n\n<li>Rising US bond yields are redirecting international investments from developing economies<\/li>\n\n\n\n<li>Amidst unpredictability on the geopolitical front, a cautionary stance continues on a global scale<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Outlook_Bloomberg_Index_Inclusion_in_Focus\"><\/span><strong>Outlook: Bloomberg Index Inclusion in Focus<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Fund managers are anticipating continued positive inflows from FPIs, although the rate of these inflows may be influenced by global trends in interest rates and risk perception. Additionally, experts predict that India&#8217;s forex reserves will receive a boost of approximately $50 billion through the RBI&#8217;s special window for foreign currency non-resident (FCNR-B) deposits and external commercial borrowings in the fiscal year 2026-27. Looking ahead, the potential inclusion of India in the Bloomberg Global Aggregate Bond Index is seen as a key factor that could drive growth in the debt market, while equity flows are expected to remain subdued in the immediate future.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Sources\"><\/span><strong>Sources<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><a rel=\"nofollow\" href=\"https:\/\/www.businesstoday.in\/latest\/economy\/story\/why-fpis-poured-money-into-indias-debt-market-in-june-even-as-they-sold-equities-540277-2026-07-01\">https:\/\/www.businesstoday.in\/latest\/economy\/story\/why-fpis-poured-money-into-indias-debt-market-in-june-even-as-they-sold-equities-540277-2026-07-01<\/a><\/li>\n\n\n\n<li><a rel=\"nofollow\" href=\"https:\/\/www.business-standard.com\/markets\/news\/fpi-debt-inflows-surpass-equity-outflows-in-june-amid-strong-bond-demand-126063001361_1.html\">https:\/\/www.business-standard.com\/markets\/news\/fpi-debt-inflows-surpass-equity-outflows-in-june-amid-strong-bond-demand-126063001361_1.html<\/a>\u00a0<\/li>\n\n\n\n<li><a rel=\"nofollow\" href=\"https:\/\/tradingeconomics.com\/commodity\/brent-crude-oil\">https:\/\/tradingeconomics.com\/commodity\/brent-crude-oil<\/a>\u00a0<\/li>\n\n\n\n<li><a rel=\"nofollow\" href=\"https:\/\/www.thehindu.com\/business\/markets\/rupee-falls-10-paise-to-9528-against-us-dollar-in-early-trade\/article71188061.ece\">https:\/\/www.thehindu.com\/business\/markets\/rupee-falls-10-paise-to-9528-against-us-dollar-in-early-trade\/article71188061.ece<\/a>\u00a0<\/li>\n<\/ol>\n\n\n\n<p><em>Note: All figures are as reported by these outlets as of July 1-6, 2026. Readers can independently verify real-time FPI flow data on the <\/em><a rel=\"nofollow\" href=\"https:\/\/www.fpi.nsdl.co.in\/\"><em>NSDL FPI portal<\/em><\/a><em> and RBI policy details on the <\/em><a rel=\"nofollow\" href=\"https:\/\/www.rbi.org.in\/\"><em>RBI official website<\/em><\/a><em>.<\/em><\/p>\n\n\n<div class=\"gpi-custom-widget-box\" style=\"border-left-color: #0066cc; background-color: #f0f7ff;\">\n<div class=\"gpi-custom-widget-title\" style=\"color: #0066cc;\">Ready to Invest?<\/div>\n<div class=\"gpi-custom-widget-content\">\n<p>Visit <a href=\"https:\/\/goldenpi.com\/\">GoldenPi<\/a> to explore current bond options. Compare yields, ratings, and tenures in one place and invest online with as little as \u20b930,000.<\/p>\n<\/div>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Disclaimer\"><\/span>Disclaimer<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Fixed returns do not constitute guaranteed or assured returns. Investments in corporate debt securities and municipal debt securities\/securitized debt instruments are subject to credit risks, market risks, and default risks, including delay and\/or default in payment. Read all the offer-related documents carefully. This blog\/article should not be construed as financial advice or as an offer or recommendation to buy or sell any security or any products\/services of\/on GoldenPi or any product\/services of its third-party client(s). For a detailed calculation of YTM, visit our website.&nbsp;<a href=\"https:\/\/delivery.goldenpi.com\/XPRBSN?id=162365=ch0GCFVXBVBUH1QDUlZXUlgBVgNSUwJVWgQGDFJQAVsEUwRfBldSBFVUAglRBFJSAA0ZBgxfQFBbERxBFSNTV10FU1cTDBgFDg5OAFIKVVFQBlZTVwQBBgFSAg0aC0BMQRIMFkwBUwoIFVdDHBwCCw1QAAsTWBpSVwgebDYxdmt\/Xl9dHxMF&amp;fl=WRVCSRBfGUkETltfVwNLAxVbCQwNWhpYVkpFGwMOBRcEWQMNUEoHSQJaV1BQAQQHTAZXA1IcAAMOBBxWB1IMFQUEVQxXXAEFBVQEUkpTVlMCUFEHU1JVAwhUAFECAQZaVFEADVAAVQBXVFRUUw==\" target=\"_blank\" rel=\"noreferrer noopener\">T&amp;C\u2019s Apply<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ud83d\udcdd Quick Summary: Foreign Portfolio Investors (FPIs) have initiated a record-breaking shift from Indian equities into the fixed-income market, driven by attractive&hellip;<\/p>\n","protected":false},"author":16,"featured_media":15129,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[25],"tags":[],"class_list":["post-15127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bond-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Debt Over Equity: Foreign Portfolio Investors Shift Focus to Indian Fixed Income\u00a0<\/title>\n<meta name=\"description\" content=\"Foreign Portfolio Investors are increasing allocations to Indian fixed income. 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