Shareholding of domestic mutual funds and insurance firms in India’s largest listed companies in the March quarter rose to the highest in at least 25 quarters, data shows.
According to data provided by Capitaline, at the end of March quarter, domestic institutional investors (DIIs) held 11.5% in the BSE 500 index, which accounts for at least 88.11% of India’s total market capitalization. Only 381 firms of the 500 for which data is available for 25 quarters were considered for the review.
