Archive · 16 Sep 2025
Indian Funds Hold Nearly $1B in Alphabet Shares
Indian mutual funds have invested a large amount in Alphabet, Google's parent company.
Seven Indian fund houses hold almost a billion dollars worth of Alphabet shares.
PPFAS manages most of these funds.
Indian funds also invest in Microsoft, Nvidia, and Apple.
These four companies are worth about $15 trillion total.
The Indian mutual fund industry is seeing significant growth, driven by retail investors.
This shows a strong interest in the stock market among people in India.
Seven Indian fund houses hold $934 million in Alphabet shares.
PPFAS Asset Management holds over half the total exposure.
Alphabet joined Microsoft, Apple, and Nvidia in the $3 trillion club.
Nine Indian mutual funds invest in at least one of the four mega-cap stocks.
Indian mutual fund AUM hit a record of ₹75.2 lakh crore in August 2025.
- Who
- Indian mutual funds, Alphabet
- What
- Holdings in Alphabet surpass $900 million
- When
- September 15, 2025
- Where
- Global Markets, Indian fund houses
- Why
- Alphabet reached $3 trillion market cap; strong domestic investment appetite
- Alphabet Market Cap
- $3 trillion
- Indian Fund Holdings
- 3.7 million shares, valued at $934 million
- Leading Indian AMC
- PPFAS
- Other Major Holdings
- Microsoft ($642M), Nvidia ($184M), Apple ($149M)
- Combined Market Cap of Four Giants
- ~$15 trillion
- Indian Mutual Fund AUM (August 2025)
- ₹75.2 lakh crore
Sources
Alphabet breaks into $3 trillion league with Apple, Microsoft and Nvidia
Google Parent Alphabet crosses $3 trillion market cap, led by AI and cloud gains
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S&P 500 closes above 6,600, Nasdaq notches longest winning run since 2023 aided by big tech
Alphabet crosses $3 trillion market cap on AI gains, antitrust victory
Wall Street ends higher: S&P 500, Nasdaq hit record highs ahead of Fed meet; Tesla, Alphabet shine
