India’s biggest foreign institutional investor, the Government of Singapore, holds stakes worth over ₹197,000 crore across 57 stocks. Its top bets include HDFC Bank, ITC, and Havells, even as FIIs sold Indian equities worth $18.2 billion in 2025. These holdings highlight confidence in India’s financials, FMCG, and consumer sectors.
Despite 2025 being one of the toughest years for foreign inflows, with FIIs selling $18.2 billion worth of Indian equities, some marquee stocks remain firm favourites. The Government of Singapore, India’s largest FII, continues to back leading companies across banking, FMCG, and consumer goods, underscoring long-term confidence in India’s growth story.
Notable Updates & Major Takeaways
Top Holding: HDFC Bank remains the biggest bet, reflecting faith in India’s financial sector resilience.
Consumer Staples: ITC features prominently, highlighting steady demand in FMCG and tobacco.
Electricals & Consumer Goods: Havells is among the eight key picks, showing optimism in India’s consumption-driven growth.
Broad Portfolio: Government of Singapore publicly holds 57 stocks worth ₹197,571 crore.
Market Context: FIIs were net sellers in 8 of 12 months in 2025, dragging the rupee to a record low above 91/USD.
Sectoral Confidence: Despite outflows, FIIs continue to anchor investments in banking, FMCG, and consumer discretionary.
Conclusion
The eight stock bets of India’s biggest FII reveal a strategic tilt toward resilient sectors like banking, FMCG, and consumer goods. Even amid record outflows, these holdings signal enduring confidence in India’s long-term fundamentals, offering insights into how global capital views the country’s equity markets.
Source: Livemint