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Eight stock bets from India's largest FIIs that you should be aware of, from HDFC Bank to ITC to Havells

Eight stock bets from India's largest FIIs that you should be aware of, from HDFC Bank to ITC to Havells

According to data from Trendlyne, the Government of Singapore is the largest FII in the Indian market, publicly owning 57 equities with a net worth of more than ₹197,571.7 crore. HDFC Bank is its largest equity holding.

Foreign institutional investors (FIIs) have dealt a serious blow to both the Indian rupee and the Indian stock market by being sellers in eight of the twelve months of 2025.

On a year-to-date (YTD) basis, FIIs have sold $18,285 million worth of Indian stocks, making this the worst year ever for foreign investment in Indian equity markets.

According to a Jefferies analysis, domestic stock markets have had their poorest relative performance in the emerging market region in almost thirty years thus far in 2025. The influence of FIIs in the Indian capital markets is demonstrated by the Indian rupee's decline to an all-time low of above 91 against the US dollar.

The top ten FIIs in India have the following stock holdings:

1. Singaporean government
According to data from Trendlyne, the Government of Singapore is the largest FII in the Indian market, publicly owning 57 equities with a net worth of more than ₹197,571.7 crore. HDFC Bank is its largest equity holding.

As of the September quarter, it owned 326,956,006 shares, or 2.5% of HDFC Bank. As of the most recent closing, this stake was valued at ₹32,211.7 crore.

2. Global Government Pension Fund
With ₹147,950.2 crore invested in the Indian stock market, Norway's sovereign wealth fund, Government Pension Fund Global, is the second-largest FII in India. At ₹17,290.6 crore, HDFC Bank continues to be its top choice.

It owned 175,379,335 shares, or 1.3% of the largest private lender in India, during the September quarter.

3. GQG Associates
One of the largest FIIs in India is Rajiv Jain's GQG Partners, which gained notoriety after the Hindenburg crisis for its purchases in Adani group equities. At present, it has invested ₹78,695.7 crore in 12 Indian stocks.

At ₹18,870.5 crore, ITC continues to be its largest wager. According to Trendlyne, as of the September quarter, it owned 3.75% of the blue-chip FMCG stock.

4. The Vanguard Fund
With a net worth of more than ₹66,677.8 crore, the Vanguard Fund openly owns 40 stocks. Its largest wager among these equities is HDFC Bank, which is closely followed by Infosys. Vanguard owned 164,176,250 shares of HDFC Bank, or 1.2% of the company, as of the September quarter. Its share of HDFC Bank is worth ₹16,184.5 crore based on this amount.

With a 2.6% stake in the IT giant valued at ₹16,004.7, Infosys comes in second.

5. Smallcap World Inc.

Capital Group actively manages Smallcap World Inc., an international mutual fund. As of the most recent quarter, it had 36 Indian stocks valued at ₹36,113.3 crore. Its largest stock holding in India is Max Healthcare, which holds over a tenth of its worth (₹3,312.1 crore).

6. Nalada Capital
According to the most recent data from Trendlyne, the well-known Indian FII Nalanda India Fund, which is managed by Nalanda Capital, publicly owns 23 equities with a net worth of more than ₹30,360.8 crore. Havells continues to be its best bet.

With 25,820,184 shares of Havells India, or a 4.1% position valued at ₹3,660.3 crore, Nalanda Indian Fund's largest bet is on the consumer electronics company.

7. Holdings of Amansa
Another significant Indian FII is Singapore-based Amansa Holdings Private Limited, which owns 26 Indian stocks valued at approximately ₹19,741 crore. SRF, a chemical firm, was its largest stock investment as of the most recent quarter. It owns 9,170,929 SRF shares, or 3.1% of the company, valued at ₹2,827.4 crore.

Its other major bets are Paytm, Trent, and Eicher Motors.

8. India's Goldman Sachs
Goldman Sachs India has 49 Indian stocks with a portfolio of ₹9380 crore. At ₹485 crore, Navin Fluorine is its most valued stock investment.

Goldman Sachs India had 830,279 shares, or 1.6%, of the chemical stock as of the September quarter.

9. Investments in Malabar
With a portfolio worth of ₹5,617.7 crore, Malabar Investments is one of the top 10 FIIs. Neuland Laboratories is Malabar Investments' largest wager in terms of value out of its 22 equities.

As of the most recent fiscal year, Malabar Investments owned 738,887 shares, or 5.8% of Neuland. The stake is currently valued at ₹1180 crore.

10. India's Nomura
Nomura India has 13 Indian stocks valued at ₹4,841 crore. At ₹1180.5 crore, AU Small Finance Bank continues to be its top stock wager. Nomura owned 11,970,071 shares of the SFB as of the most recent quarter, or 1.6% of the company.



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