India, April 21 -- Domestic alternative investment funds (AIFs) undertook heavy sell-offs in MobiKwik in Q4 FY26, following the fintech company's maiden profitable quarter as a listed entity in December 2025.

As per MobiKwik's shareholding data for the March quarter, domestic AIFs cumulatively cut their shareholding in the company by 50% to 5.61 Lakh shares (0.71% stake) from 11.12 Lakh shares (1.41%) held at the end of the December 2025 quarter. While three AIFs continue to be present on the company's cap table, two have exited over the past three months. 

As per public data, domestic AIF entities of investors like 360 One, SBI Funds and 3P Investment Managers had lapped up shares in the company during the anchor round of its IPO....