Domestic MFs gain ground, FIIs losing the plot
Mon, May 6, 2024 9:43 AM

Domestic MFs gain ground, FIIs losing the plot

A Flip by Shubhangi Gupta
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Stakes of domestic mutual funds (MFs) in listed companies rose to an all-time high of 8.92% on 31 March, up from 8.81% a quarter ago, according to data collated by primeinfobase.com. With this, the share of foreign institutional investors shrank to an 11-year low of17.68% during the quarter, down by 51 basis points. One basis point is one-hundredth of a percentage point.

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