Paytm Sees First Mutual Fund Stake Drop; Retail Investors Exit for 7th Quarter

• Domestic mutual funds reduced their stake in Paytm (One97 Communications) for the first time since its November 2021 listing.
• Mutual fund holdings decreased from 16.25% in September 2025 to 14.96% in December 2025.
• Major mutual funds like Motilal Oswal, Nippon India, and Mirae Asset trimmed their stakes; Bandhan Mutual Fund's name is no longer visible.
• Retail investors continued their selling spree for the seventh consecutive quarter, with their stake falling to its lowest since September 2023.
• Paytm shares, issued at ₹2150 in its IPO, have never reached that level and are still significantly below the issue price despite recovering from a record low of ₹310.00.

Why It Matters: Mutual funds and retail investors are reducing their holdings in Paytm, marking a significant shift in ownership.