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Domestic investors ownership rises but still remains lower than FIIs: Prime Database

DII holding went up in 534 companies listed at NSE with the average stock price return of these companies in the same period being 92%. On the contrary, DII holding went down in 480 companies listed at NSE and their average stock price return of these companies was 57%.

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The Domestic Institutional Investors (DII) holding in National Stock Exchange (NSE)-listed companies rose from 4.58% from last year to 5.01% as on 31st March 2015. 

According to Pranav Haldea, Managing Director, PRIME Database, the DII rose but it still remained lower than the ownership of Foreign Institutional Investors (FII) at 6.44%. When considering only free float holdings, the DII ownership went from 10.64% in last year to 11.46% in the quarter ending in march this 2015.

DII ownership by percentage fell down at 5.01% from 6.39% whereas the free float fell down from 13.82% to 11.46% in the same period.

Significantly, given the floating markets and good quality portfolio, the DII holdings in NSE- listed companies was at the highest level in six years at Rs 10.21 lakhs crore up by 50% from a year back, according to Haldea.

DII holding went up in 534 companies listed at NSE with the average stock price return of these companies in the same period being 92%. On the contrary, DII holding went down in 480 companies listed at NSE and their average stock price return of these companies was 57%.

Balmer Lawrie & Co. was the company with the highest DII holding as on quarter ending March 2015 with 73.03%. Second and third company that followed was Credit Analysis & Research and 3I Infotech with 45.51% and 45.42% respectively.

With regard to Insurance companies, their holding went down from 1.31% last year to 1.22% this year. And considering the free float companies, the insurance companies ownership went down to 2.97% in March 2015 from 3.14% one year back.

Holdings of Insurance companies has gone down from 1.98% to 1.22% over a six year period time.

Corporation Bank was with the highest Insurance holding on quarter ending March this year with 23.99%. ITC and Tata Steel followed Corporation Bank with 21.77% and 20.64% respectively.

Holding of insurance companies went up in 90 companies with the average return of these companies in the same period being 55%. On the other hand, holding of insurance companies went down in 282 companies with the average return of these companies being much higher than 64%..

The top insurance company which hold the largest position in Indian stocks as on 31st March 2015 is Life Insurance Corporation of India with a huge Rs 3.89 lakhs crore holdings. ICICI Prudential Life Insurance followed with over Rs 3 lakhs crore holdings.

According to PRIME Database, a total of 20 Insurance companies are invested into Indian equities across all NSE- listed companies.

Top 10 Insurance Companies in terms of their exposure to Indian stocks with holding greater than 1%

Insurance Company

No. of Companies Invested in

Total value of Holdings as on 31st March (in Rs crore)

Life Insurance Corporation of India

307

3,89,004

ICICI Prudential Life Insurance Co. Ltd

61

30,622

General Insurance Corporation India

112

16,529

HDFC Standard Life Insurance Co. Ltd

31

6,382

National Insurance Co. Ltd

11

4,490

Oriental Insurance Co. Ltd

23

4,478

Bajaj Allianz Life Insurance Co. Ltd

38

3,297

Max Life Insurance Co. Ltd

12

766

Sanlam Life Insurance

1

753

SBI Life Insurance Co. Ltd

5

651

Source: www.nseinfobase.com- Developed and powered by PRIME Database

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