Economic TimesLean R·
FPI return to India may be tactical, not structural yet: HSBC MF’s Venugopal Manghat
Foreign portfolio investors may be returning to Indian equities, but the latest buying wave is not yet strong enough to be called a durable reallocation, according to Venugopal Manghat, chief investment officer–equity at HSBC Mutual Fund.Global liquidity, interest rate expectations, currency stability and India’s relative valuation against other emerging markets will continue to shape FPI flows, Manghat said. While India’s valuation premium has moderated from its 2024 peaks, investors need to s…
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