Mutual Funds up Paytm stakes, FII holding declines

Amid the ongoing regulatory turmoil at Paytm, Indian mutual funds increased their shareholding in the Vijay Shekhar Sharma-led company during the March quarter of the financial year 2023-24. As per the shareholding data available with the BSE, domestic mutual funds increased their stake in Paytm to 6.15% at the end of March quarter (Q4) from 4.99%.