MF stake in NSE companies reaches new high with 8.81%

MF share among NSE-listed companies reached a new high of 8.92 per cent in the three months ended March 2024. Net inflows of Rs 81,539 crore were seen during the quarter. In the December 2023 quarter, MF stake on NSE was 8.81 per cent.

Life Insurance (LIC) has emerged as the largest domestic investor. Its shares rose 3.75 percent in March 2024 (more than one percent of all 280 companies). In December 2023, this figure was 3.64 percent. Participation of DIIs including domestic mutual funds, insurance companies, banks, financial institutions, pension funds, NBFCs

ALL's share increased to 16.05 percent in the quarter, from 15.96 percent in the previous corresponding quarter. This increase is due to huge inflow of Rs 1.08 lakh crore. On the other hand, the shareholding of foreign portfolio investors (FPIs) fell to 17.68% in March 2024, the highest in the last 11 years.