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Preferred FPI Destinations for India
July 17 , 2024
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- Mauritius has now slipped to the fifth position, behind Ireland, in terms of assets under custody.
- Mauritius is one among the leading destinations for foreign portfolio investors (FPIs) routing funds into India.
- Ireland has registered a 26 per cent surge in AUC for FPIs in the first half of the calendar year.
- Overall, more than 780 FPIs are registered in Ireland compared to 595 in Mauritius.
- In March, the governments of Mauritius and India signed a deal to amend the Double Taxation Avoidance Agreement (DTAA).
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