DII inflows hit a peak at ₹4.3 trn in first half of '26

Cushion impact of unprecedented FPI outflows

- SUNDAR SETHURAMAN & SAMIE MODAK

While global capital continues to gravitate towards artificial intelligence (AI)-linked investment themes, domestic institutional investors (DIIs) have remained firmly committed to Indian equities, pumping in a record ₹4,000 crore every trading day this calendar year.

Their relentless buying has helped absorb unprecedented foreign portfolio investor (FPI) selling and prevented a deeper correction in the market.

Data from stock exchanges shows DIIs have purchased Indian equities worth ₹4.3 trillion in the first half of calendar year 2026 (H1CY26) across 106 trading sessions until June 9, the highest ever inflow recorded for the January-June period.

In contrast, FPIs have sold shares worth ₹2.8 trillion during the period, according to National Securities Depository (NSDL) data, marking the largest H1 outflow on record.

Market experts say while global investors have redirected capital towards developed markets and AI-driven opportunities, domestic savings continue to find their way into equities through mutual funds (MFs), insurance products, pension schemes and alternative investment funds (AIFs).