Chidambaram. As per the liberalised LRS, an individual could remit up to $250,000 per year, he added."We will have all information if someone is found guilty, (and) the government will take strong action against them," Mr Goyal said. In July last year, Prime Minister Narendra Modi had referred to a record 45 per cent drop in deposits by Indians in Swiss banks.New Delhi: Foreign investors have pumped in over Rs 3,000 crore in the Indian capital markets in the last five trading sessions after pulling out hefty funds during April-June.The recent infusion comes following a net outflow of more than flowmeters for sale Rs 61,000 crore in the last three months. Prior to that, they had poured in Rs 2,662 crore in March.According to depositories data, foreign portfolio investors (FPIs) pumped in Rs 2,235 crore in the equity markets during July 2-6. Besides, they put in Rs 892 crore in the debt market, taking the total to Rs 3,127 crore."Equity markets are witnessing some value buying after a sharp correction in mid and small cap indices that have corrected by almost 20 per cent in 2018.

 The recent interest among FPIs is basically bottom fishing in beaten down stocks," said Rajeev Srivastava, head of retail broking at Reliance Securities.Overall, it has been a bumpy ride this year as far as FPI flows are concerned and the fluctuations in net flows at times have been massive, thus making the entire proposition unpredictable.So far this year, overseas investors have withdrawn Rs 44,737 crore from the capital markets. This includes Rs 40,541 crore from the debt and remaining Rs 4,196 crore from equities.In January, FPIs invested Rs 22,272 crore in the capital market. However, in February they were net sellers to the tune of Rs 11,674 crore. The following month, they again turned positive and put in Rs 2,662 crore in March. However, they took bearish stance in April and the momentum continued till June. During these three months, overseas investors withdrew over Rs 61,000 crore."Undoubtedly, this year has been extremely unfavourable from FPI flow perspective.

"This could be attributed to multiple factors. There has been significant outflow from India focussed offshore funds and exchange traded funds (ETFs) which contributes a significant portion towards FPI flow," Morningstar India Senior Analyst Manager Research Himanshu Srivastava said.Moreover, he said India is currently fraught with higher crude prices and depreciating Indian currency.New Delhi: Domestic savers have started reducing their fresh allocations to equity mutual funds, according to a study of the data released by the Association of Mutual Fund in India (AMFI). This trend is likely to continue with upwards revision of fixed deposit (FD) rates by banks and small savings schemes rates by the government.The poor performance of the equity market in the first half of the calendar year and negative outlook for stocks are two factors that could reduce the flow of funds to mutual funds (MFs). Rising crude oil prices, weaker rupee and uncertainty building in the run-up to the next general elections present a grim picture of the equity market.