The Survey notes that home institutional buyers (DII), significantly mutual funds and insurance coverage firms, have remained constant internet consumers of equities even throughout phases of heavy promoting by overseas portfolio buyers (FPI). Pushed largely by international monetary circumstances reasonably than home macroeconomic elements, FPIs recorded six months of internet outflows and three months of sizable inflows throughout April-December 2025.
Companieswholesome buffer DIIs constant internet consumers of equities even throughout bouts of FPI promoting
Mutual funds have been on the vanguard of this evident shift within the centre of gravity within the Mumbai inventory universe. Their share by worth of holdings touched a file 10.9% within the September quarter, led by regular family inflows via systematic funding plans (SIP).
The share of DIIs by worth of holdings surpassed that of FPIs for the primary time within the March 2025 quarter. This pattern strengthened in FY26, with DII holdings rising to an all-time excessive of 18.3% within the September 2025 quarter whereas FPI holdings declined to 16.7%, a 13-year low.
The mixed share of DIIs, retail buyers and high-net-worth people reached an all-time excessive of 27.8% within the September quarter. The share of fairness and mutual funds in annual family monetary financial savings rose sharply to over 15.2% in FY25 from round 2% in FY12.
Major markets additionally remained resilient. IPO volumes within the present fiscal yr as much as December 2025 had been 20% increased than FY25, whereas funds mobilised rose 10%. Mainboard IPOs elevated to 94 from 69, elevating ₹1,60,273 crore, with gives on the market (OFS) accounting for 58% of proceeds. SME listings climbed to 217, mobilising ₹9,635 crore in the course of the interval.




