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EUROS The World Financial Report
Nº 42 Saturday, 22 August 2026 · World Edition
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FPI return to India may be tactical, not structural yet: HSBC MF’s Venugopal Manghat

Markets-Economic Times · 1h ago · 🇮🇳 India
FPI return to India may be tactical, not structural yet: HSBC MF’s Venugopal Manghat

Foreign investors are cautiously returning to Indian equities, but a durable FPI reallocation remains unconfirmed. HSBC Mutual Fund’s Venugopal Manghat highlights improving earnings, stable domestic demand and manufacturing growth, while stressing valuation discipline. Sustained foreign inflows will depend on earnings delivery, rupee stability, global liquidity, and India’s relative emerging-market valuations.

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