FII / FPI Flows by Month — Net Investment in Indian Equities since February 2021
How much foreign portfolio investors (FPIs, often called FIIs) put into or took out of Indian equities each month, as reported by NSDL, in ₹ crore. A negative figure is a net outflow.
Latest NSDL report 9 Nov 2026 · updated every night
Key figures
Net FPI investment in Indian equities was −₹34,843 Cr in October 2026, a net outflow (NSDL). Of that, −₹48,082 Cr went through the stock exchanges and +₹13,239 Cr through the primary market and other routes.
In November 2026 so far (reports to 9 Nov), it is +₹53,739 Cr.
2026 (to 9 Nov): −₹2,41,407 Cr in total.
October 2026 was the second month in a row of net outflows.
The largest monthly outflow since February 2021 was −₹1,17,775 Cr in March 2026. The largest inflow was +₹66,135 Cr in December 2023.
Monthly net FPI investment in equities
By year
Year
Net equity
Stock exchanges
Primary & others
2026 (to 9 Nov)
−₹2,41,407 Cr
−₹3,10,661 Cr
+₹69,254 Cr
2025
−₹1,66,284 Cr
−₹2,40,193 Cr
+₹73,910 Cr
2024
+₹427 Cr
−₹1,21,210 Cr
+₹1,21,637 Cr
2023
+₹1,71,107 Cr
+₹1,27,760 Cr
+₹43,347 Cr
2022
−₹1,21,439 Cr
−₹1,46,048 Cr
+₹24,609 Cr
2021 (Feb–Dec)
+₹6,278 Cr
−₹74,578 Cr
+₹80,855 Cr
By month
Month
Net equity
Stock exchanges
Primary & others
Reporting days
November 2026 to 9 Nov
+₹53,739 Cr
+₹53,248 Cr
+₹491 Cr
6
October 2026
−₹34,843 Cr
−₹48,082 Cr
+₹13,239 Cr
20
September 2026
−₹35,861 Cr
−₹45,537 Cr
+₹9,676 Cr
21
August 2026
+₹29,631 Cr
+₹17,366 Cr
+₹12,265 Cr
20
July 2026
+₹20,200 Cr
+₹6,732 Cr
+₹13,468 Cr
23
June 2026
−₹49,340 Cr
−₹53,958 Cr
+₹4,617 Cr
21
May 2026
−₹32,963 Cr
−₹36,122 Cr
+₹3,158 Cr
19
April 2026
−₹60,847 Cr
−₹63,167 Cr
+₹2,320 Cr
19
March 2026
−₹1,17,775 Cr
−₹1,22,183 Cr
+₹4,408 Cr
18
February 2026
+₹22,615 Cr
+₹19,782 Cr
+₹2,833 Cr
19
January 2026
−₹35,962 Cr
−₹38,740 Cr
+₹2,778 Cr
20
December 2025
−₹22,611 Cr
−₹30,333 Cr
+₹7,722 Cr
22
November 2025
−₹3,765 Cr
−₹15,659 Cr
+₹11,895 Cr
19
October 2025
+₹14,610 Cr
+₹3,902 Cr
+₹10,708 Cr
20
September 2025
−₹23,885 Cr
−₹27,163 Cr
+₹3,279 Cr
20
August 2025
−₹34,993 Cr
−₹39,064 Cr
+₹4,070 Cr
19
July 2025
−₹17,741 Cr
−₹31,988 Cr
+₹14,248 Cr
23
June 2025
+₹14,590 Cr
+₹8,467 Cr
+₹6,124 Cr
21
May 2025
+₹19,860 Cr
+₹18,083 Cr
+₹1,777 Cr
20
April 2025
+₹4,223 Cr
+₹3,243 Cr
+₹980 Cr
18
March 2025
−₹3,973 Cr
−₹6,028 Cr
+₹2,055 Cr
19
February 2025
−₹34,574 Cr
−₹41,749 Cr
+₹7,175 Cr
18
January 2025
−₹78,027 Cr
−₹81,904 Cr
+₹3,877 Cr
23
December 2024
+₹15,446 Cr
−₹2,590 Cr
+₹18,036 Cr
21
November 2024
−₹21,612 Cr
−₹39,316 Cr
+₹17,704 Cr
18
October 2024
−₹94,017 Cr
−₹1,13,859 Cr
+₹19,842 Cr
22
September 2024
+₹57,724 Cr
+₹46,552 Cr
+₹11,171 Cr
19
August 2024
+₹7,320 Cr
−₹5,552 Cr
+₹12,872 Cr
21
July 2024
+₹32,365 Cr
+₹26,059 Cr
+₹6,306 Cr
22
June 2024
+₹26,565 Cr
+₹24,346 Cr
+₹2,219 Cr
19
May 2024
−₹25,586 Cr
−₹30,614 Cr
+₹5,028 Cr
20
April 2024
−₹8,671 Cr
−₹23,331 Cr
+₹14,660 Cr
18
March 2024
+₹35,098 Cr
+₹29,153 Cr
+₹5,946 Cr
18
February 2024
+₹1,539 Cr
−₹3,195 Cr
+₹4,734 Cr
20
January 2024
−₹25,744 Cr
−₹28,864 Cr
+₹3,120 Cr
21
December 2023
+₹66,135 Cr
+₹58,373 Cr
+₹7,762 Cr
20
November 2023
+₹9,001 Cr
−₹368 Cr
+₹9,369 Cr
20
October 2023
−₹24,548 Cr
−₹28,299 Cr
+₹3,751 Cr
20
September 2023
−₹14,767 Cr
−₹14,576 Cr
−₹191 Cr
19
August 2023
+₹12,262 Cr
+₹9,233 Cr
+₹3,030 Cr
21
July 2023
+₹46,618 Cr
+₹37,293 Cr
+₹9,325 Cr
21
June 2023
+₹47,148 Cr
+₹45,737 Cr
+₹1,412 Cr
21
May 2023
+₹43,838 Cr
+₹38,093 Cr
+₹5,745 Cr
21
April 2023
+₹11,631 Cr
+₹9,792 Cr
+₹1,838 Cr
17
March 2023
+₹7,936 Cr
+₹7,110 Cr
+₹826 Cr
20
February 2023
−₹5,294 Cr
−₹5,583 Cr
+₹289 Cr
20
January 2023
−₹28,852 Cr
−₹29,043 Cr
+₹191 Cr
21
December 2022
+₹11,119 Cr
+₹6,255 Cr
+₹4,864 Cr
22
November 2022
+₹36,239 Cr
+₹32,794 Cr
+₹3,444 Cr
21
October 2022
−₹8 Cr
−₹814 Cr
+₹806 Cr
18
September 2022
−₹7,624 Cr
−₹7,643 Cr
+₹19 Cr
22
August 2022
+₹51,204 Cr
+₹47,297 Cr
+₹3,908 Cr
19
July 2022
+₹4,989 Cr
+₹7 Cr
+₹4,981 Cr
21
June 2022
−₹50,203 Cr
−₹50,145 Cr
−₹57 Cr
22
May 2022
−₹39,993 Cr
−₹45,276 Cr
+₹5,283 Cr
20
April 2022
−₹17,144 Cr
−₹16,712 Cr
−₹432 Cr
18
March 2022
−₹41,123 Cr
−₹40,056 Cr
−₹1,067 Cr
21
February 2022
−₹35,592 Cr
−₹38,616 Cr
+₹3,024 Cr
20
January 2022
−₹33,303 Cr
−₹33,139 Cr
−₹164 Cr
20
December 2021
−₹19,026 Cr
−₹32,690 Cr
+₹13,663 Cr
23
November 2021
−₹5,945 Cr
−₹33,800 Cr
+₹27,855 Cr
19
October 2021
−₹13,550 Cr
−₹14,476 Cr
+₹926 Cr
19
September 2021
+₹13,154 Cr
+₹11,859 Cr
+₹1,295 Cr
21
August 2021
+₹2,083 Cr
−₹6,105 Cr
+₹8,188 Cr
20
July 2021
−₹11,308 Cr
−₹17,482 Cr
+₹6,174 Cr
21
June 2021
+₹17,215 Cr
+₹9,607 Cr
+₹7,608 Cr
22
May 2021
−₹2,954 Cr
−₹6,931 Cr
+₹3,977 Cr
19
April 2021
−₹9,659 Cr
−₹9,706 Cr
+₹46 Cr
17
March 2021
+₹10,482 Cr
+₹3,577 Cr
+₹6,905 Cr
21
February 2021
+₹25,787 Cr
+₹21,568 Cr
+₹4,219 Cr
19
Download the monthly table as CSV. Free to use with credit to FinBizNet (see terms).
Methodology and sources
Source: NSDL’s daily FPI investment figures for equity, in ₹ crore.
Months: each month is the sum of NSDL’s reporting days in that month. A reporting day carries the trades of the session before it, so a month starts with the last session of the previous month. This is how NSDL builds its own monthly totals.
Net equity is NSDL’s equity total: purchases through the stock exchanges, plus the primary market and other routes (IPOs, QIPs and preferential allotments).
Not NSE’s FII figure. NSE’s daily provisional FII number (on FII & DII daily activity) covers exchange trades only and is released the same evening. It is closest to the stock-exchanges column here, but the two are compiled separately and do not match exactly.
The series starts in February 2021. Figures are summed as NSDL published them and are not adjusted. The month in progress is re-read every night.
Frequently asked questions
How much did FIIs invest in Indian equities in October 2026?
Net FPI investment in Indian equities was -₹34,843 Cr in October 2026, a net outflow, according to NSDL. -₹48,082 Cr of it went through the stock exchanges.
What was the largest month of FII selling since 2021?
The largest monthly net outflow since February 2021 was -₹1,17,775 Cr in March 2026, according to NSDL.
How much have FPIs invested in Indian equities in 2026?
Net FPI investment in Indian equities in 2026 (to 9 Nov) was -₹2,41,407 Cr, summed from NSDL's daily figures.
Where does this FII flow data come from?
From NSDL, the depository that publishes daily foreign portfolio investor (FPI) flows. FinBizNet sums NSDL’s daily equity figures by reporting date, which is how NSDL’s own monthly totals are built.
Cite this data
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