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₹2 trn slump in IT stocks hits FPIs' AUC
Business Standard
|August 21, 2025
On shaky ground
Global funds' assets under custody (AUC) in India have been flat this year, with a ₹2 trillion drop in information technology (IT) holdings offset by gains in financial stocks.
AUC is the total market value of equities held by FPIs. The AUC of the IT pack stood at ₹5.3 trillion as of July end: A 27.2 per cent decline compared to ₹7.3 trillion at the end of 2024, according to data from NSDL.
The plunge in holdings follows a ₹50,000 crore selloff by foreign portfolio investors (FPIs) this year amid a muted outlook for the IT sector.
This story is from the August 21, 2025 edition of Business Standard.
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