Commercial paper
Brokers fund MTF partly with short-term IOUs called commercial paper, bought mostly by mutual funds. Through 3 Nov 2026, for 25 brokers.
Paper outstanding
₹1,17,152 cr
395 issues, Nov 2026
What brokers pay
8.16%
2.66 points above the repo rate
What investors pay
14.8%
Due in 30 days
₹48,455 cr
₹97,110 cr in 90 days
Paper outstanding
Rate brokers pay
- New paper
- RBI repo rate
Paper coming due
To be repaid or rolled over, ₹ crore
In the market
Secondary trades, last 180 days
| Trades | 1,253 |
|---|---|
| Volume | ₹1,25,305 cr |
| Held by mutual funds | ₹97,828 cr |
| Fund houses holding | 55 |
Fund holdings as of Sep 2026.
By broker
Search order, then A to Z. Open a broker for every issue.
| Broker | Outstanding | Open issues | Yield on open paper | Due in 30 days | Held by funds, Sep 2026 | Ever issued |
|---|---|---|---|---|---|---|
| Groww (Fisdom) | ₹0 | 0 | ₹0 | ₹100 cr | ||
| Dhan (Raise Securities) | ₹15 cr | 1 | 9.5% | ₹0 | ₹30 cr | |
| Angel One | ₹4,865 cr | 21 | 8.3% | ₹1,050 cr | ₹5,017 cr | ₹21,142 cr |
| Kotak Securities | ₹18,325 cr | 34 | 7.1% | ₹11,500 cr | ₹15,912 cr | ₹2,03,090 cr |
| ICICI Securities | ₹26,562 cr | 54 | 7.3% | ₹8,817 cr | ₹21,176 cr | ₹2,53,513 cr |
| HDFC Securities | ₹17,560 cr | 37 | 7.1% | ₹8,850 cr | ₹15,045 cr | ₹1,96,787 cr |
| m.Stock (Mirae) | ₹725 cr | 4 | 7.5% | ₹500 cr | ₹3,612 cr with Sharekhan | ₹4,225 cr |
| SBI Securities | ₹4,100 cr | 19 | 7.1% | ₹1,675 cr | ₹3,209 cr | ₹41,065 cr |
| 5paisa | ₹100 cr | 6 | 9.3% | ₹50 cr | ₹515 cr | |
| Motilal Oswal | ₹11,460 cr | 30 | 7.5% | ₹3,050 cr | ₹12,142 cr | ₹81,971 cr |
| Aditya Birla Money | ₹2,315 cr | 20 | 7.3% | ₹1,000 cr | ₹2,017 cr | ₹30,355 cr |
| Anand Rathi | ₹158 cr | 5 | 8.5% | ₹33 cr | ₹368 cr | |
| Axis Securities | ₹7,075 cr | 21 | 7.1% | ₹3,050 cr | ₹4,748 cr | ₹68,857 cr |
| Bajaj Broking | ₹13,425 cr | 49 | 7.1% | ₹5,600 cr | ₹10,204 cr | ₹96,585 cr |
| IDBI Capital | ₹125 cr | 3 | 7.9% | ₹100 cr | ₹74 cr | ₹700 cr |
| IIFL Capital | ₹1,841 cr | 14 | 8.6% | ₹250 cr | ₹1,274 cr | ₹7,598 cr |
| Indiabulls Securities | ₹0 | 0 | ₹0 | ₹15 cr | ||
| JM Financial | ₹2,567 cr | 20 | 8.1% | ₹350 cr | ₹1,582 cr | ₹19,156 cr |
| Marwadi | ₹210 cr | 7 | 9.3% | ₹25 cr | ₹315 cr | |
| Monarch Networth | ₹20 cr | 1 | 10% | ₹20 cr | ₹135 cr | |
| Nuvama (Edelweiss Broking) | ₹2,139 cr | 15 | 8% | ₹860 cr | ₹1,816 cr | ₹13,457 cr |
| Prabhudas Lilladher | ₹0 | 0 | ₹0 | ₹20 cr | ||
| Sharekhan (Mirae) | ₹2,945 cr | 12 | 7.5% | ₹1,640 cr | Counted with m.Stock | ₹25,278 cr |
| SMC Global | ₹0 | 0 | ₹0 | ₹2 cr | ||
| YES Securities | ₹620 cr | 22 | 7.8% | ₹35 cr | ₹4,542 cr |
Fund houses holding broker paper
Largest holdings first, Sep 2026
| Fund house | Holding | Brokers held | Share of its assets |
|---|---|---|---|
| SBI | ₹10,969 cr | 7 | 0.87% |
| HDFC | ₹10,914 cr | 10 | 1.17% |
| ICICI Prudential | ₹9,619 cr | 8 | 0.86% |
| Axis | ₹8,003 cr | 9 | 2.17% |
| Aditya Birla SL | ₹7,290 cr | 11 | 1.7% |
| Kotak | ₹7,051 cr | 11 | 1.19% |
| Nippon India | ₹6,104 cr | 10 | 0.81% |
| Tata | ₹5,894 cr | 8 | 2.58% |
| UTI | ₹3,927 cr | 9 | 1% |
| Invesco | ₹3,811 cr | 7 | 2.61% |
| HSBC | ₹3,631 cr | 7 | 2.32% |
| DSP | ₹3,530 cr | 7 | 1.54% |
| LIC MF | ₹2,746 cr | 5 | 5.54% |
| Edelweiss | ₹2,156 cr | 7 | 1.26% |
| Bandhan | ₹1,847 cr | 5 | 0.91% |