Business
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%.
Updated : Mar 20, 2018, 02:15 AM IST
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