Relentless selling by foreign portfolio investors in Indian equity is widely reported. But they have net purchased debt instruments amounting to ₹50,215 crore so far in 2025, helping reduce the total outflows for this year. Global bond funds investing through the Fully Accessible Route (FAR) have been the largest buyers of Indian debt.

Foreign portfolio investors have pulled out ₹1,38,580 crore from Indian equity market and ₹1,442 crore from REITs and InvITs so far in 2025. But their net purchase of debt has helped reduce the total outflow to ₹88,318 crore in 2025.

According to Sachin Sawrikar, managing partner, Artha Bharat Investment Managers, the strong inflows into Indian debts is “largely driven by India’s inclusion in global bond indices like JP Morgan’s creating structural demand

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