India, June 10 -- Foreign portfolio investors (FPIs) have invested Rs 8,794.743 crore in Government securities under the Fully Accessible Route (FAR) after the Government exempted them from income tax on interest income and capital gains arising from investments in these bonds.

According to data from the Clearing Corporation of India Ltd (CCIL), FPI holdings in FAR securities stood at Rs 3.32 lakh crore on Tuesday, up from Rs 3.23 lakh crore on June 3.

FAR allows non-resident investors to invest in specified Government of India dated securities without any investment ceilings.

"We can see the optimism from FPIs who nearly invested 75 per cent of the net purchase in G-secs under FAR category recorded during April & May. It also strength...