India, April 15 -- Domestic mutual funds sharply increased their bets on Zomato parent Eternal in the Q4 FY26, as foreign investors pulled back significantly.

Data from the company's stock exchange filings show that mutual fund ownership in the company jumped to 28.9% in March 2026 from 16.4% in December 2025.

The buying was broad-based. Large domestic funds such as SBI Mutual Fund and HDFC Mutual Fund built sizable positions, each crossing the 3.5% mark. SBI Nifty 50 ETF's holding stood at 3.54% while HDFC Flexi Cap Fund's at 3.53%. 

New entrants, including Mirae Asset (1.42%), Motilal Oswal (1.77%) and Aditya Birla Sun Life (1.27%), also added fresh exposure. 

Meanwhile, existing investors scaled up meaningfully. Kotak Fle...