Deepak Shenoy says the tax relief provided for foreign portfolio investors (FIIs) has supported an increase in their government securities (G-Sec) holdings. He points to figures showing FIIs’ G-Sec holdings grow from Rs 3,23,802 crore as of June 1 to Rs 3,63,760 crore by June 15. The change implies an increase of about Rs 39,958 crore over the period, which Shenoy presents as evidence of the relief’s impact. The reported numbers focus on holdings levels rather than trading volumes or yields, and they cover a short window in mid-June. The update is framed as a “boost” connected to the G-Sec tax relief, with the emphasis on where FIIs’ assets are held rather than broader market outcomes. Based on the available reporting, the primary information shared is the month-to-month movement in the value of FIIs’ G-Sec portfolios over the stated dates.
FIIs’ G-Sec holdings rise after tax relief, says Deepak Shenoy
Deepak Shenoy says the tax relief provided for foreign portfolio investors (FIIs) has supported an increase in their government securities (G-Sec) holdings. He points to figures showing FIIs’ G-Sec ho...
- Deepak Shenoy attributes a rise in FIIs’ holdings to G-Sec tax relief.
- FIIs’ G-Sec holdings are reported at Rs 3,23,802 crore as of June 1.
- FIIs’ G-Sec holdings are reported at Rs 3,63,760 crore by June 15.
- The reported increase over the period is about Rs 39,958 crore.
- The figures relate to the value of FIIs’ government securities holdings, not broader asset classes.
The G-Sec holding of FIIs stood at Rs 3,23,802 crore as of June 1, and increased to Rs 3,63,760 crore by June 15, Deepak Shenoy pointed out.
15 hours agoThe G-Sec holding of FIIs stood at Rs 3,23,802 crore as of June 1, and increased to Rs 3,63,760 crore by June 15, Deepak Shenoy pointed out.
15 hours ago
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