DII shareholding is the percentage of a listed company that domestic institutional investors, such as mutual funds, insurers, banks and pension funds, hold at the end of a quarter. It tells you how much Indian institutional money backs a stock. This guide explains where to find the number, how to read changes, a worked example with made-up figures, and what NSE data for June 2026 says.
Key Takeaways
- DII shareholding is a quarter-end snapshot of what percentage of a company Indian institutions own.
- It is a stock figure, while daily DII data is a flow figure. The two answer different questions.
- NSE data showed DIIs owning 19.5% of NSE-listed companies in June 2026, against 15.1% for FPIs.
- A rising holding means institutions added shares or others sold, so compare it with promoter, FPI and public stakes.
- Use it as context for a stock, never as a signal to buy or sell.
Table of contents
- What Is DII Shareholding?
- Who Is Counted Inside the DII Bucket
- Where to Find DII Shareholding for Any Stock
- How to Read DII Shareholding Changes
- Worked Example: Reading a Quarter of DII Holdings
- DII Shareholding in India: June 2026 NSE Data
- Holding vs Flow: Do Not Mix Them Up
- Common Mistakes When Reading DII Holdings
- Pros and Cons of DII Shareholding
- FAQ
- The Bottom Line
What Is DII Shareholding?
DII stands for Domestic Institutional Investor. It is an Indian institution that invests money pooled from households, policyholders or depositors. Every listed company reports who owns its shares, and the slice owned by these Indian institutions is its DII shareholding. If a company has 200 crore shares and domestic institutions own 29 crore of them, the figure is 14.5%.
The number is reported once a quarter, so it moves slowly. That makes it a good tool for studying who the long-term owners of a company are, and a poor tool for guessing tomorrow’s price. For the full definition of the group, read our guide to DII data and how to read buy, sell and net figures, and see the difference between FII and DII for the foreign side.
Who Is Counted Inside the DII Bucket
The group is not one investor. It is several kinds of institutions that earn and invest money in different ways. Knowing the mix helps you understand why a holding rises or falls.
| Group | Where the money comes from | Typical behaviour |
|---|---|---|
| Mutual funds | SIPs and lump sums from individuals | Must invest fresh inflows, so they are frequent buyers |
| Insurance companies | Life and general insurance premiums | Long horizon, prefer large and liquid shares |
| Banks and financial institutions | Deposits and own funds | Put a small part of their money in equity |
| Pension and provident funds | Retirement contributions | Steady, rule-based allocation to shares |
Why the DII Shareholding Mix Matters
Two companies can both show a 15% DII holding and still be very different. One may be held mostly by mutual funds that react to monthly inflows. The other may be held by insurers that rarely sell. Always look at the split when the filing gives it.
Does DII Shareholding Include Retail Investors?
No. Individual investors who buy shares directly sit under the public category. Their money reaches DIIs only when they invest through a mutual fund, an insurance policy or a pension scheme.
Where to Find DII Shareholding for Any Stock
Listed companies file a shareholding pattern with the exchanges every quarter, within the deadline set by SEBI’s listing rules. You can open the filing for any company on the NSE India website or the BSE India website. Menu names change from time to time, so search for the company and look for the shareholding pattern section.
In the filing, look for the institutional categories. Recent formats group domestic holders under a heading such as Institutions (Domestic), with lines for mutual funds, insurers, banks and others, but labels may vary. Add those lines to get the total, then compare it with the promoter, foreign and public lines.
If you prefer to see market-wide flow numbers first, our FII and DII data home page collects daily figures, and the monthly FII DII data page shows them by month.
How to Read DII Shareholding Changes
A single percentage tells you little. The change over several quarters and the company around it tell you more. Use these six steps.
- Note the current figure. Add up all domestic institution lines to get the total.
- Compare with the last quarter. Subtract the old percentage from the new one to see the change in percentage points.
- Check the share count, not just the percent. A fall in percentage can happen when the company issues new shares, even if institutions sold nothing.
- Look at the other groups. Promoter, FPI and public stakes must add up to 100% with the DII holding.
- Look at four to eight quarters. A steady trend is more useful than one jump.
- Read the context. A fund launch, an index change or a results season can explain a move.
The Change Formula for DII Holdings
The formula is short: Change in shares = Total shares × (new % − old %), as long as the total share count has not changed. Suppose a company has 200 crore shares, the DII holding was 13.1% last quarter and is 14.5% now. The change is 200 × (14.5 − 13.1) ÷ 100 = 2.8 crore shares added by domestic institutions as a group.
Worked Example: Reading a Quarter of DII Holdings
All figures below are made up to show the method. They are not real market data. Suppose Company X has 200 crore shares in both quarters, and its shareholding pattern looks like this.
| Holder | Last quarter (%) | This quarter (%) | Change (points) |
|---|---|---|---|
| Promoters | 50.0 | 50.0 | 0.0 |
| FPIs | 19.2 | 18.0 | −1.2 |
| DIIs | 13.1 | 14.5 | +1.4 |
| Public and others | 17.7 | 17.5 | −0.2 |
| Total | 100.0 | 100.0 | 0.0 |
Step 1: Check That the Table Adds Up
Last quarter: 50.0 + 19.2 + 13.1 + 17.7 = 100.0. This quarter: 50.0 + 18.0 + 14.5 + 17.5 = 100.0. Both columns reach 100%, so the table is consistent.
Step 2: Convert DII Shareholding Into Shares
Last quarter DIIs held 13.1% of 200 crore, which is 26.2 crore shares. This quarter they hold 14.5% of 200 crore, which is 29.0 crore shares. The difference is 29.0 − 26.2 = 2.8 crore shares. That is a rise of 2.8 ÷ 26.2 × 100 = 10.69% in the number of shares held by the group.
Step 3: Estimate the Rupee Value
Suppose the average price was ₹500 per share. The extra 2.8 crore shares are worth 2.8 × 500 = ₹1,400 crore. The real average price paid would differ, so this is only a rough scale.
Step 4: Compare With the Foreign Side
FPIs fell from 19.2% to 18.0%, a drop of 1.2 points. That equals 200 × 1.2 ÷ 100 = 2.4 crore shares. The shift in this example is that domestic institutions took more shares than foreign investors gave up, with a small part coming from the public line. A fair reading is that domestic institutions raised their stake while foreign funds trimmed theirs. The table cannot tell you why, so you would read the company’s results and news before drawing any view.
DII Shareholding in India: June 2026 NSE Data
NSE publishes an ownership report for all NSE-listed companies. The latest figures we checked are for the quarter ended June 2026, released in August 2026. Ownership data is quarterly, so newer numbers appear only after NSE publishes the next report.
| Metric | Value | Period |
|---|---|---|
| DII ownership of NSE-listed companies | 19.5% | June 2026 |
| FPI ownership of NSE-listed companies | 15.1% | June 2026 |
| Domestic mutual funds | 11.6% | June 2026 |
| Individuals, including through mutual funds | 19.3% | June 2026 |
| DII share of Nifty 50 (Elara Securities) | 25.8% | September 2026 quarter |
| FII share of Nifty 50 (Elara Securities) | 22.1% | September 2026 quarter |
The gap between DII and FPI ownership was 19.5 − 15.1 = 4.4 percentage points. Mutual funds alone, at 11.6%, made up 11.6 ÷ 19.5 × 100 = 59.5% of the DII stake. Our earlier guide on the role of DII in the Indian stock market explains why domestic buying kept growing, and our report on SIP inflow in September 2026 shows the monthly money behind it.
Holding vs Flow: Do Not Mix Them Up
The daily DII number you see on exchange reports is a flow: how much the group bought and sold in one session. The shareholding is a stock: what the group owns at the end of a quarter. A fund can be a net seller for a month and still hold a larger share of a company, if the company bought back shares or if other holders sold more.
Both views are useful. Read the flow to see who is active now, and read the holding to see who owns the company. For a study of the flow side, see FII selling vs DII buying in 2026. Next, the errors that trip up most readers.
Common Mistakes When Reading DII Holdings
- Treating a rising holding as a buy signal. Institutions can be wrong, and the figure is already a few weeks old when it is filed.
- Ignoring share count changes. A new issue or a buyback moves the percentage with no trading at all.
- Comparing different quarters of the year without context. Fund launches and index changes can shift holdings in a single quarter.
- Mixing holding with daily flow. One is a stock and the other is a flow, and they can point in opposite directions.
- Calling the data live. Shareholding patterns are quarterly filings, and exchange flow reports are end-of-day records.
Pros and Cons of DII Shareholding
| Pros | Cons |
|---|---|
| Free and filed by every listed company | Reported only once a quarter, so it is always dated |
| Shows who the long-term owners of a company are | Group totals hide which fund bought or sold |
| Easy to calculate with simple subtraction | Percentages move when the share count changes |
| Helps compare domestic and foreign conviction in a stock | Does not explain why institutions bought or sold |
| Useful for spotting multi-quarter trends | Offers no view on future price |
FAQ
What is DII shareholding?
DII shareholding is the percentage of a listed company’s shares held by domestic institutional investors such as mutual funds, insurers, banks and pension funds. Companies report it every quarter in their shareholding pattern.
Where can I check DII shareholding of a company?
Open the company’s shareholding pattern on the NSE or BSE website and add up the domestic institution lines. Menu paths on the exchange sites may change, so search for the company name and look for the shareholding section.
Is a high DII holding good for a stock?
Not by itself. It shows that Indian institutions own a large part of the company, but it does not say the shares are cheap or will rise. Read it beside results, valuation and the other holders.
How is the holding different from DII data?
The holding is the quarter-end percentage. DII data is the daily buy, sell and net trading value in rupees crore. One is a stock figure and the other is a flow figure.
How much did DIIs own in India in June 2026?
NSE data showed DIIs owning 19.5% of NSE-listed companies in June 2026, against 15.1% for FPIs. Check the NSE ownership report for the latest quarter and exact definitions.
The Bottom Line
DII shareholding is a free and simple way to see how much of a company Indian institutions own. The skill is in the reading: add the domestic lines, compare them with the last quarter, check the share count and look at the other holders. Remember that it is a quarterly snapshot and not a daily signal.
Your next step: pick one company you follow, open its last four shareholding patterns and write down the DII, FPI, promoter and public percentages for each quarter. That small habit will teach you more about DII shareholding than any headline. For more explainers, browse our blog guides.
Sources: NSE India ownership report, June 2026; NSE India and BSE India (company shareholding patterns); SEBI; Elara Securities data as reported by CNBC-TV18, 5 November 2026. Always check the official sites for the latest figures.
Disclaimer: This article is for educational purposes only and is not investment advice. All figures in the worked example are hypothetical. Please consult a SEBI-registered advisor before making investment decisions.
