New Delhi, May 8 -- Indian equity markets have seen a major shift in the last 10 years, with domestic investors playing a much bigger role than before.

According to a report by Motilal Oswal, domestic institutional investors (DIIs) have invested USD 195 billion in Indian equities between FY15 and FY25.

This is 3.7 times higher than foreign institutional investor (FII) inflows of USD 53 billion during the same period.

The report said, "In line with these trends, DIIs invested USD195b, which is 3.7x the FII inflows of USD53b during the decade".

It also added that the change has been taking shape over the last decade but gained strong momentum after FY21.

The report highlighted that this period was marked by several ups and downs, inclu...