Vanguard Funds, a top foreign institutional investor in India, saw its equity holdings in 48 BSE-listed companies reach Rs 69,100 crore as of February 27, 2026. This marks a 60% increase from Rs 43,047 crore in the March quarter, driven by strong performances in several stocks during FY26. The portfolio includes new investments in eight companies from the December 2025 quarter.
Vanguard Funds has established a significant presence in the Indian equity market, ranking among the top three active foreign institutional investors. Its global funds hold stakes in various BSE-listed companies, reflecting growing interest in Indian markets.
Based on December 2025 quarter data, the portfolio's value stood at Rs 69,100 crore by February 27, 2026, up sharply from the previous March quarter figure of Rs 43,047 crore. This growth highlights the fund's successful selections amid a robust market environment in FY26.
Twelve stocks in the portfolio delivered notable gains so far in FY26. TD Power Systems led with a 120% rally, moving from Rs 411 to Rs 904, where Vanguard holds a 1.06% stake valued at Rs 150 crore. Sansera Engineering followed with a 93% increase to Rs 2,342, backed by a 1% stake worth Rs 146 crore. Other strong performers include RBL Bank, up 84% to Rs 319; Delhivery, up 70% to Rs 433; and Max Financial Services, up 58% to Rs 1,814.
Additional gainers were The Federal Bank (56% to Rs 300), Navin Fluorine International (49% to Rs 6,256), Care Ratings (46% to Rs 1,607), The Great Eastern Shipping Company (44% to Rs 1,338), Sammaan Capital (40% to Rs 150), Mahindra & Mahindra (28% to Rs 3,400), Axis Bank (26% to Rs 1,384), and Usha Martin (24% to Rs 418). Stakes in these range from 1% to 2.58%, with values from Rs 109 crore to Rs 8,901 crore.
In the December 2025 quarter, Vanguard added eight new positions: GHCL, Navin Fluorine International, UPL, Usha Martin, Voltas, PNB Housing Finance, Sansera Engineering, and OneSource Specialty Pharma. These moves underscore the fund's strategy to diversify and capitalize on emerging opportunities in India.
