India's mutual fund industry just beat FIIs in a historic first. Here's what changed
- Posted on July 8, 2026
- By Business News Today
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- 1 min read
India's mutual fund industry just beat FIIs in a historic first. Here's what changed
India's mutual fund industry has overtaken foreign institutional investors in total assets under custody for the first time, marking a historic shift in market ownership. Strong SIP inflows and sustained domestic participation have driven the milestone, even as FII holdings declined amid continued selling and changing global investment trends.