India’s stock market narrative is flipping, with DIIs claiming over 20% control in Nifty 500 as per a Monday report, underscoring a decade-defining trend of domestic capital’s ascent. FIIs, once market movers, are yielding ground.
The data paints a clear picture: $90.1 billion DII inflows in 2025, peaking at $23.4 billion in Q4. This countered $18.8 billion FII divestments and fueled ₹1.95 lakh crore primary market issuances.
Nifty 500 DII ownership hit 20.6%, up 2.10% YoY and 0.60% QoQ; FIIs at 18.4% with -0.50% YoY but +0.10% QoQ. Nifty 50 sees DIIs at 24.8%, FIIs at 24.3% through December 2025.
With FII stakes at multi-quarter bottoms, experts call this a permanent pivot, driven by explosive SIP growth to ₹3.34 lakh crore, pension inflows, and emerging AMCs.
Looking ahead, DII heft promises market ballast, shielding against FII whims and geopolitical risks. This evolution heralds a self-reliant bourse, amplifying India’s story as a global investment magnet powered by its own savers.
