NSE Adds 1 Crore Investors In 5 Months, Maharashtra And Uttar Pradesh Contribute Over 25%
The number includes all client registrations done with NSE till date, and clients can register with more than one trading member.
India's largest stock exchange now has over 11 crore unique registered investors even as it eyes an initial public offering amid the country's heightened market participation.
The number of registered individual investors on NSE's database crossed the 11-crore mark on Jan. 20th, five months after it crossed the 10-crore mark.
"Investor registrations at the NSE [saw a] 3.6 times jump in the last five years. It took 14 years from the NSE's commencement of operations in 1994 to reach 1 crore investors," the exchange said in a press release.
The number includes all client registrations done with NSE till date, and clients can register with more than one trading member.
NSE attributed the growth in investor base to several factors including the advancement of digitisation, heightened investor awareness, financial inclusion efforts, and strong market performance.
Uttar Pradesh and Maharashtra continued to lead in investor registrations, together accounting for over a quarter of the net addition of 1 crore new investors. "The median age of these investors is now around 32 years, with 40% of them under the age of 30," NSE said.
The exchange's data also highlighted indirect market participation, with 3.7 crore new systematic investment plan accounts opened between July and December, 2024. It also said that average monthly SIP inflows during this six-month period stood at Rs 24,748 crore, up 24% from the preceding six months' Rs 19,972 crore.
NSE began operations in 1994 and is ranked as the largest stock exchange in India in terms of total and average daily turnover for equity shares.
