After investing a record amount in Indian equities in March, domestic institutional investors (DIIs) have started the new financial year on a slower note. So far in April, DIIs have made net investments of over Rs 47,577 crore in equities, compared with nearly Rs 1.43 lakh crore in March — the highest ever for a single month. The last time DII investments crossed Rs 1 lakh crore was in October 2024, during a period of heavy selling by foreign portfolio investors (FPIs). Since January 2025, DIIs have invested less than Rs 50,000 crore in four months.