‘Domestic funds own over 20% of Indian companies, FPIs 17%’

Domestic funds' ownership in India's Nifty 500 companies hit a record 21%, while FPI ownership fell to 17% from 21.5% a decade ago, according to a Motilal Oswal Financial Services report.

Domestic funds net infused about $166 billion into Indian stocks, offsetting $58 billion in net selling by foreign portfolio investors over the past 22 months.

DIIs, supported by SIP inflows averaging around $3 billion per month, absorbed the FPI outflows, providing stability to leading domestic indices.

DII ownership rose 1.6 percentage points, while FPI ownership dipped 1.9 percentage points over the past year, marking the ninth consecutive quarter of rising DII ownership.