Domestic mutual funds (MFs) have emerged as the third-largest investor group in listed Indian companies. National Stock Exchange’s (NSE’s) latest India Ownership Tracker report shows MFs’ stake in total market capitalisation crossing the 10 per cent mark for the first time in the fourth quarter of 2024-25 (FY25).
MFs’ ownership, which stood at 8.9 per cent in March 2024 and 9.9 per cent in December 2024, climbed to a record 10.4 per cent by March 2025. Over the past year, MFs surpassed individual investors and the government to claim the third-largest investor group position.
“Aided by sustained systematic investment plan

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