According to the latest data available with depositories, net inflow in the equities stood at Rs 17,919 crore, while the debt market saw an infusion of Rs 2,499 crore on a net basis, during March 1-15, period.
Together, it translates into a net investment of Rs 20,418 crore in the country's capital markets for the period under review.
"With the expectation on US interest rate hike declining, there has been increased flow into emerging markets. Locally, since February, there is a clear trend of FPIs buying beaten down segments such as banking and finance stocks...," Vidya Bala, Head - Mutual Funds Research at FundsIndia said.
Himanshu Srivastava, senior analyst manager research at Morningstar Investment Adviser India, said it was a welcome change in FPI trend.
However, some of the domestic concerns such as the slow pace of economic growth and political uncertainty may come to the fore as the general election approaches in India, he added.