National Stock Exchange’s registered investor base crosses 10 crore mark

NSE registered investors: The National Stock Exchange of India (NSE) has surpassed a major milestone, with its registered investor base crossing the 10-crore mark as of August 8, 2024. The feat marks an accelerating trend in investor participation, driven by increased digitisation, financial literacy, and market performance.

The total number of client codes registered with NSE now stands at 19 crore, indicating multiple accounts held by investors. The rapid growth in registrations has been remarkable, with the last crore of investors added in just over five months. The investor base has tripled in the past five years, supported by the rising popularity of equities, exchange-traded funds (ETFs), and other financial instruments.

NSE’s Chief Business Development Officer, Sriram Krishnan, attributed this growth to streamlined processes, improved financial literacy, and sustained market optimism. The median age of investors has dropped to 32 years, with 40 per cent of the investor base under 30 years old. Women now make up over 20 per cent of investors, highlighting the growing diversity in the market.

Geographically, 42 per cent of the last crore registrations came from North India, followed by the West (25 per cent), South (18 per cent), and East (14 per cent). Maharashtra leads with 1.7 crore registered investors, followed by Uttar Pradesh and Gujarat.

Indirect participation has also surged, with 2.1 crore new SIP accounts opened between March and June 2024. Average monthly SIP inflows rose to Rs 20,452 crore, reflecting strong investor confidence.