FIIs' stake value in NSE companies up at Rs 20.13 lakh crore in Q2

The total value of FII holdings in NSE-listed companies rose to Rs 20.13 lakh crore in the April-June quarter this year, Prime Database said on Tuesday.

The increase was attributed to net inflows of Rs 14,671 crore, Prime Database Managing Director Pranav Haldea said.

According to the report, the total value of FIIs' holding rose from Rs 18.37 lakh crore in January-March period to Rs 20.13 lakh crore in the June quarter.

The valuation of FIIs had hit an all time high of Rs 20.29 lakh crore in the January-March quarter of last year.

In percentage terms, FIIs' ownership on average climbed to 6.65 per cent in the June quarter of this year from 6.59 per cent in the preceding three months.

The report noted that 454 Foreign Institutional Investors (FIIs) are invested into Indian equities across all NSE-listed companies.

"FII holdings went up in 437 companies listed on NSE in the last one year with the average stock price return of these companies in the same period being a huge 37 per cent. On the other hand, FII holdings went down in 577 companies listed at NSE. The average stock price return of these companies in the same period was 18.32 per cent," the report noted.

The analysis is based on shareholding patterns filed by 1,517 of the total 1,532 companies listed at NSE for the quarter ending June this year.

EuroPacific Growth Fund, Government of Singapore, Abu Dhabi Investment Authority, Aberdeen and Franklin Templeton Investment Funds are major FIIs in the country.

With a share of 36.51 per cent, the USA leads in terms of the geographical spread of FIIs in value terms, followed by Mauritius (21.21 per cent), Singapore (15.1 pc), UK (7.24 pc) and Luxembourg (4.25 pc).

Of the 454 FIIs, 33 per cent of them are registered in Mauritius followed by the US (25 pc), the UK (8 pc) Luxembourg (6 pc) and Singapore (5 pc).