Aug 27, 2016

DII (Mutual Funds etc.) Ownership In Stocks At Six Year High

The shareholding of domestic institutional investors (mutual funds, insurance companies etc.) (DIIs) in listed companies has risen to a six-year high, following an increase of 10 per cent in the value of their holdings, despite flat markets. At the end of the June quarter, DII shareholding in National Stock Exchange-listed companies was 11.7 per cent, up nearly 100 basis points in 12 months, from data compiled by Prime Database. The value...