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FPI destinations in FY23
April 15 , 2023
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- Overseas flows into Indian capital markets originating from tax-haven Mauritius witnessed the sharpest decline.
- Norway and Singapore gained favour in 2022-23.
- The total assets under custody (AUC) from Mauritius declined nearly 42 per cent to Rs 6.66 trillion at the end of March 2023.
- This was Rs 10.88 trillion a year ago.
- Norway and Singapore saw a 13 per cent and 5 per cent increase in AUC, respectively.
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