Sector wise FPI investment data: track FPI flows by sector

To track FPI flows by sector in India you use sector wise FPI investment data published by NSDL, not the daily flow headlines. The report is fortnightly and free. Each release gives, for every sector, foreign portfolio investors' assets under custody at the start and end of the period and their net investment in each half-month between. Read on 5 October 2026, the latest release covered 1 to 15 September 2026 and split FPI money across 22 sectors plus a Sovereign line for government debt and an Others line, using the BSE industry classification.

Where is sector wise FPI investment data published?

Sector wise FPI investment data is on NSDL's FPI reporting site, fpi.nsdl.co.in. Under its FPI Investments menu, the reports that matter for sector work are:

• Fortnightly Sector-wise FPI Investment Data. One release per fortnight, picked from a date list that runs back to 2016. This is the sector series.
• Asset Under Custody (AUC) data. FPI assets under custody, category-wise and for the top 10 countries.
• Debt Utilisation Status. How much of the FPI debt investment limits has been used.

Each sector release has four blocks side by side: AUC at the previous period end, net investment for the first half-month, net investment for the second half-month, and AUC at the period end. Every block carries equity, three debt columns (general limit, VRR and FAR), hybrid, mutual fund and AIF columns, then a total.

The sector buckets are the exchanges'. A note on the report says NSDL adopted the common industry classification that BSE and NSE announced on 21 March 2022, with effect from the report for 30 April 2022. Issuers outside BSE's classified list go to "Others". So a sector here is a BSE sector, and the series breaks at April 2022: compare across that date with care.

How do you track FPI flows by sector, step by step?

1. Decide what you are measuring. Sector positioning over months is a holdings question and belongs to the NSDL series. What foreigners did yesterday is a flow question and belongs to the exchange numbers. Mixing the two produces contradictions that are not really contradictions.
2. Download consecutive fortnights, not a single release. One period's sector figure is a level with no context. The change from fortnight to fortnight is the signal.
3. Watch the sector taxonomy. Since 30 April 2022 the buckets follow BSE's industry classification, with an Others line for issuers outside it. A sector index is a narrower universe of index members, so do not compare an NSDL bucket against a sector index weight as if they held the same stocks.
4. Separate price from position. A sector's custody value moves with prices as well as with buying, and the report lets you split the two. In the release for 15 September 2026, Financial Services equity AUC fell from 21,21,270 crore rupees on 31 August to 20,27,312 crore rupees, a drop of 93,958 crore rupees, while net equity investment in the sector for 1 to 15 September was -6,204 crore rupees. Most of the fall was valuation, not selling. Use the net investment columns for flow and the AUC columns for size.
5. Go to stock level elsewhere. When a sector move raises a question about a specific company, the stock-level answer is in that company's quarterly shareholding pattern, not in NSDL's aggregate.

Why does it differ from the daily FII/DII figure?

NSE publishes a daily FII/DII report with buy, sell and net values for FII/FPI and DII as a group, for one session, in the cash market. It names no sector and no stock. NSDL's sector report is built over a fortnight and spreads the same foreign money across sectors and across equity, debt and other instruments. A day of net selling in the daily series can sit inside a fortnight where a sector still took in net money.

Both series are useful, and neither is a correction of the other. For the daily series and its own caveats, see FII and DII activity explained and how to track FII/DII daily.

Going from sector to stock

Sector aggregates tell you where foreign money sat, never which company it sat in. For a specific stock, the disclosure that carries foreign holding is the quarterly shareholding pattern that every listed company files with NSE and BSE, which breaks out promoter, FII/FPI, DII and public holding. The mechanics are in how to read a shareholding pattern and how to check FPI holdings. Flock's FII and DII page shows the FII and DII holding in each listed stock as filed in its quarterly shareholding pattern, dated to the filing.

Two definitional points that trip up sector work. FPI and FII are not interchangeable labels, and the registration categories matter when you compare series across years: see FII vs FPI and what is an FPI. Offshore derivative instruments, covered in what is a participatory note, are reported separately again.

The limits worth stating plainly

• It is fortnightly, not live. A release describes the fortnight it covers and arrives after it ends.
• It is aggregated. No stock names, no individual FPIs.
• Values move with prices. A rising sector value is not proof of buying.
• Sector definitions are the publisher's. Compare NSDL to NSDL across periods, not NSDL to an index.

Flock reads primary filings and disclosures and stamps every data point with its source and date. Sector wise FPI investment data tells you where foreign portfolio investor assets sat for a given fortnight. What that means for you is your call to make. This is not investment advice.