The great FPI exit: Why this may be a long-term opportunity
April 14th, 2026
Foreign portfolio investors (FPIs) have pulled nearly ₹1.8 trillion out of Indian equities in FY26 — the largest outflow in 34 years.
At first glance, that headline sounds alarming. But for long-term investors, it may signal opportunity rather than danger. History suggests such phases have often been among the better entry signals India has offered in the past decade.
There has been growing awareness about credit cards in India, but the number of users still remains low, with 118.6 million credit cards issued as of end-March, a penetration of only 8.5%. This is because of strict credit appraisal processes that leave a large segment of the population underserved.
In such a scenario, customers can opt for a secured or fixed deposit (FD)-backed credit card instead of the ubiquitous unsecured card. Secured cards not only provide similar benefits as unsecured cards, including reward points, lounge access, discounts, cashbacks, lifestyle perks and welcome vouchers, but also offer comparatively lower joining and annual fees.
Excerpts from the interview have been covered here on the Live Mint website :-
Posted by Siddharth Mehta, Founder & Managing Partner
