Net FII inflows into Indian equities in 2013 will most likely be lower than what they were in 2012. Unless, of course, India becomes the flavour of the season for the rest of this year among investors looking to invest in emerging markets. Given the looming global liquidity squeeze because of Fed tapering, and India's sputtering economy, that probability appears low.
So far in 2013, overseas investors have pumped in Rs.73000 cr in the equity market, which is only 57 percent of the money they did for the whole of last year. And while the Nifty may be up 1 percent year-to-date, foreign investors are down 11 percent in dollar terms because of the weakness in the rupee. Though Nifty is up in 2013 and 2008; In $ terms it's a loss for FII's| Year | Equity | Debt | Total | Nifty | Defty ($ denominated Nifty) |
| (all figues in INR crores) | |||||
| 2013 | 73228 | -36577 | 36651 | 1.20% | -11% |
| 2012 | 127736.2 | 34989.4 | 163350.1 | 28% | 24.50% |
| 2011 | -2,714.20 | 42,067.00 | 39,352.80 | -25% | -36.70% |
| 2010 | 133,266.30 | 46,408.30 | 179,674.60 | 18% | 22.80% |
| 2009 | 83,424.20 | 4,563.40 | 87,987.60 | 76% | 82.90% |
| 2008 | -53,000 | 11,771.90 | -41,215.50 | -51% | -61% |
| June-13 | -33,135 |
| July-13 | -12,038 |
| August-13 | -9,773 |
| September-13 | -5,678 |
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