Explore the top 5 domestic institutional investors of May 2025. Graviton, Quality Investment Holdings, and others dominate India’s equity markets.
Top 5 Local Investors of May 2025: Graviton Takes the Lead
May 2025 witnessed high activity from India’s leading domestic institutional investors (DIIs), who made huge-volume trades in major listed companies. These transactions indicate increased confidence in India’s equity markets and tactical portfolio flows from top domestic players.
Here is the complete rundown of the top 5 local investors that made the greatest difference for the month of May 2025, listed by total deal value.
1. Graviton Research Capital LLP
- Total Deal Value: ₹48,878.25 crore
- Quantity Traded: 8.07 crore shares
- Trade Count: 54
Graviton Research Capital LLP was the most active local investor in May, making more than ₹48,000 crore of trades. As an algorithmic and quantitative investor, Graviton’s presence in 54 trades reflects high market confidence and extensive portfolio diversification.
Their consistent trading pattern, spread across various sectors, hints at a data-driven strategy with significant exposure to high-liquidity stocks. Market analysts view Graviton’s movements as influential indicators of institutional sentiment.
2. Quality Investment Holdings PCC
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- Total Deal Value: ₹36,939.15 crore
- Quantity Traded: 3.69 crore shares
- Trade Count: 10
With a concentrated portfolio approach, Quality Investment Holdings PCC secured the second spot. Despite executing just 10 trades, the firm clocked nearly ₹37,000 crore in deal value. This shows a high average deal size, suggesting focused, high-stakes investments.
Industry watchers believe this investor is targeting value stocks in mid-cap and large-cap segments. Their selective entries are often linked with long-term thematic bets and corporate strategy alignment.
3. General Atlantic Singapore Fund PTE LTD
- Total Deal Value: ₹17,904.08 crore
- Quantity Traded: 1.72 crore shares
- Trade Count: 2
While technically a foreign-registered entity, General Atlantic’s participation via its Singapore arm has been categorized under domestic institutional activity for regulatory and operational reasons. With only two trades, this fund secured a massive ₹17,904 crore value—indicating strategic block deals, likely in high-growth tech or consumer sectors.
The fund is known for private equity-style strategic investments and often supports companies through multiple growth phases.
4. HRTI Private Limited
- Total Deal Value: ₹16,682.31 crore
- Quantity Traded: 6.67 crore shares
- Trade Count: 32
HRTI Private Limited made its mark through 32 trades across multiple sectors, showcasing a well-distributed investing approach. Their ₹16,682 crore capital deployment in May reflects growing interest in emerging and resilient sectors.
Observers say HRTI’s portfolio reflects active management with a preference for early positioning in momentum stocks—particularly those in renewable energy, IT services, and digital infrastructure.
5. Aakraya Research LLP
- Total Deal Value: ₹16,422.60 crore
- Quantity Traded: 2.57 crore shares
- Trade Count: 24
Closing out the list is Aakraya Research LLP, known for its tactical and research-backed investing strategies. Their activity this month focused on volume-based plays across sectors like finance, manufacturing, and FMCG.
Aakraya’s consistent activity with 24 deals and over ₹16,000 crore invested highlights a dynamic market view, with a mix of short-term and long-horizon positions.
Summary Table: Top Domestic Investors – May 2025
| Rank | Investor Name | Deal Value (₹ Cr) | Quantity Traded (Shares) | Trade Count |
| 1 | Graviton Research Capital LLP | 48,878.25 | 8,079,1096 | 54 |
| 2 | Quality Investment Holdings PCC | 36,939.15 | 3,693,1773 | 10 |
| 3 | General Atlantic Singapore Fund PTE | 17,904.08 | 1,720,0000 | 2 |
| 4 | HRTI Private Limited | 16,682.31 | 6,676,1919 | 32 |
| 5 | Aakraya Research LLP | 16,422.60 | 2,573,6700 | 24 |
Final Thoughts
These five domestic players have been at the forefront of market activity in May 2025, reflecting a strong and diversified interest in Indian equities. With total investments crossing ₹1.36 lakh crore among them, it’s evident that institutional confidence in India’s economic and market outlook remains robust.
As we step into June, investors and analysts alike will be closely watching these DIIs for signals about sector rotation, value discovery, and long-term trends in the Indian stock market.
