Mutual Fund shareholding in Paytm witnessed its first decline since the company went public in November 2021, as per news reports. The October to December 2025 quarter marks a shift as retail investors also continued to reduce their stake, continuing a trend spanning 7 quarters.
As per data shared by Paytm parent One97 Communications Ltd. on the Bombay Stock Exchange, domestic Mutual Funds held a 14.96% stake as of December 2025. This is down from 16.25% in September 2025, signalling the first stake reduction by Mutual Funds since Paytm's listing.
The reduction coincides with steady retail shareholder exits, with their stake now at the lowest since September 2023. Retail investors are defined as those holding up to ₹2,00,000 in share capital.
Prominent domestic funds including Motilal Oswal Midcap Fund, Nippon India Growth Midcap Fund, and Mirae Asset Largecap Fund all trimmed their exposure in Paytm during the December quarter.
Bandhan Large & Midcap Fund, which had held a 1.04% stake in September 2025, is absent from the latest list, indicating its holding may have fallen below 1% or been fully exited.
Fund-wise shareholding data:
Read More: Mutual Funds Invest Over ₹12,000 Crore in December IPOs Across 9 Companies!
Retail investors have been reducing their stake consistently since the June 2024 quarter, when the share price began rallying from its all-time low of ₹300.
The stock touched a 52-week high of ₹1,381, registering a 334% increase from the February 16, 2024 low of ₹318. Despite this, Paytm shares trade around 40% below their IPO price of ₹2,150.
As of January 16, 2026, at 9:20 AM, One97 Communications share price on NSE was trading at ₹1,326.00 up by 0.97% from the previous closing price.
Mutual Funds have registered their first stake reduction in Paytm since its listing, with major funds paring down their holdings in the December 2025 quarter. Retail selling has persisted for 7 consecutive quarters despite the stock witnessing a substantial price rebound from earlier lows.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.
Published on: Jan 16, 2026, 12:00 PM IST
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