Mumbai’s financial landscape is witnessing a power shift as homegrown institutional investors eclipse foreign players in the Nifty50 index. According to Motilal Oswal data for the Q4 2025 quarter, DII ownership stands at 24.8%, narrowly surpassing FIIs at 24.3%—marking a historic first. Experts describe this as a long-term structural change. FII stakes have plummeted to an eight-quarter low, while DIIs have aggressively built positions. The surge is powered by record SIP inflows of ₹3.34 lakh crore in 2025, expanding pension fund involvement, and fresh asset managers entering the fray. EPFO and insurers have added muscle, creating a domestic fortress likely to weather market storms. While FIIs offloaded ₹9.96 lakh crore over five years, DII investments delivered strong returns. Looking ahead, domestic dominance signals a maturing market resilient to global whims.
