DII-FPI shareholding gap narrows to all-time low in September quarter

At 13.11 percentage points versus peak of nearly 50% in 2015

Domestic investors are tightening their grip on the ownership of listed companies. The gap between the shareholding of domestic institutional investors (DIIs) and foreign portfolio investors (FPIs) narrowed to 13.11 percentage points at the end of the September 2023 quarter.

At the peak, the gap was nearly 50 percentage points in March 2015, according to an analysis by Prime Database, a leading provider of data on the capital market. Meanwhile, the value of DII holdings for the first time has crossed the Rs 50 trillion mark led by a sharp upmove in stocks in the small and midcap space.
 

“The share