Share of retail investors (individuals with up to Rs2 lakh shareholding) in companies listed on the National Stock Exchange (NSE) reached an all-time high of 7.42% as on 31 March 2022 from 7.33% as on 31 December 2021, as per Primeinfobase, an initiative of Prime Database group.
In rupee value terms too, retail holding in companies listed on NSE reached an all-time high of Rs19.16 lakh crore from Rs19.05 lakh crore on 31 December 2021, an increase of 0.56%, according to Pranav Haldea, Managing Director, PRIME Database Group. The Sensex and the Nifty rose by 0.54% and 0.63% respectively, during this period.
Despite share of high net worth individuals (HNIs) (individuals with more than Rs2 lakh shareholding) in companies listed on NSE declining marginally to 2.21% as on 31 March 2022 from 2.28% on 31 December 2021, the combined retail and HNI share reached an all-time high of 9.64%.
According to Mr Haldea, net outflows from foreign portfolio investors (FPIs) of a huge Rs1.10 lakh crore during the quarter resulted in FPIs share declining further to a 9-year low of 20.15% as on 31 March 2022, from 20.71% as on 31 December 2021.
Most notably, FPIs pulled out Rs69,370 crore from financial services and software sector during the quarter while investing Rs13,450 crore in Metals & Mining and Food, Beverages & Tobacco. Holding of FPIs (in INR value terms) in companies listed on NSE stood at Rs51.99 lakh crore as on 31 March 2022, a decrease of 3.36% from Rs53.80 lakh crore as on 31 December 2021.
According to Mr Haldea, share of domestic mutual funds (MFs) in companies listed on NSE rose for the third quarter running and reached 7.75% as on 31 March 2022, up from 7.46% as on 31 December 2021.
This was after 5 quarters of consecutive decline from 31 March 2020 (7.96%) to 30 June 2021 (7.24%). The share has increased on the back of net inflows by domestic Mutual Funds of a huge Rs67,423 crore during the quarter. In rupee value terms too, the holding of domestic MFs went up by 3.08% to an all-time high of Rs19.99 lakh crore as on 31 March 2022 from Rs19.39 lakh crore on 31 December 2021.
The share of retail, HNI and domestic Mutual Funds put together also reached an all-time high of 17.38% as on 31 March 2022, up from 17.08% as on 31 December 2021.
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