Now Reading: SIP-backed funds raise Tata stakes; retail backs turnarounds
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SIP-backed funds raise Tata stakes; retail backs turnarounds
A Mint analysis of Ace Equity data shows how Tata Group ownership shifted under N. Chandrasekaran. Between March 2017 and June 2026, SIP-driven domestic mutual funds raised stakes in TCS (from 0.94%…
The Story in Brief
A Mint analysis of Ace Equity data shows how Tata Group ownership shifted under N. Chandrasekaran. Between March 2017 and June 2026, SIP-driven domestic mutual funds raised stakes in TCS (from 0.94% to 5.68%), Tata Motors (from 4.82% to nearly 10%), and by over 500 basis points each in Trent and Titan. Foreign portfolio investors trimmed holdings in TCS and Tata Motors while adding to Tata Consumer Products and Indian Hotels. Retail investors increased their stake in Tata Chemicals from 18.1% to 22.7%, even as institutions sold.
The Indian Opinion
The narrative that FPIs are fleeing Tata stocks ignores their simultaneous bet on consumer and hospitality. This is sector rotation, not loss of faith. Similarly, retail investors buying Tata Chemicals where institutions sold may be chasing a turnaround, but the stock's modest 16% return since 2017 questions that conviction. The real test will be whether Tata Chemicals delivers sustained recovery or remains a value trap.
Source: livemint.com
This story was synthesised by AI from the source linked above.
