{
  "id": 2392291,
  "title": "SEBI study: Proprietary traders outperform FPIs and MFs in FY26 derivatives",
  "url": "https://urgent.news/2026/08/21/sebi-study-proprietary-traders-outperform-fpis-and-mfs-in-fy26",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T15:02:09.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/sebi-study-proprietary-traders-outperform-fpis-and-mfs-in-fy26-derivatives/article71373505.ece"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Securities and Exchange Board of India (SEBI) has released a study indicating that proprietary traders outperformed foreign portfolio investors (FPIs) and mutual funds in derivatives trading during fiscal year 2026 (FY26). Proprietary traders recorded gross trading profits of ₹44,483 crore, a 3% decrease from the previous year, while FPIs saw their profits drop by 55% to ₹13,896 crore. Corporate profits fell by 22%, mutual fund profits by 54%, and partnership firms and LLPs by 38%. Individual traders, however, experienced a net loss of ₹91,685 crore, a 26% decrease from the previous year. Despite the overall loss, individual traders' average profit per person increased by 22% to ₹1.22 lakh, while average losses increased by 11% to ₹1.47 lakh. The study found that 99% of the gross profit for both FPIs and proprietary traders came from algorithmic entities, with the top 10 proprietary entities accounting for 74.5% of their category's gross profit.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}