The unique registered investors on the National Stock Exchange of India crossed 9 crore (90 million) recently. The total number of client codes registered with the Exchange stands at 16.9 crores.
Unique investor registrations at NSE have seen an accelerating trend over the last few years. While the increase from 6 to 7 crore (60 to 70 million) unique investors took about nine months, the next crore (10 million) investors came in eight months, and the jump from 8 to 9 crore (80 to 90 million) took only five months.
The investor base has seen more than 3x jump in the last five years, facilitated by rapid growth in digitization, rising investor awareness, financial inclusion, and strong market performance.
Of the new investors 42% hailed from North India, followed by West India (28%), South India (17%), and East India (13%). Over 46% of all new investor registrations in the last five months originated from districts beyond the top 100 districts.
Shri Sriram Krishnan, Chief Business Development Officer, NSE said: “It is encouraging to see that the latest 1 crore new investors have been onboarded on the exchange in the shortest time of five months. Deepening participation in various exchange traded financial instruments such as equities, exchange traded funds (ETFs), REITs, InvITs, Government Bonds, Corporate Bonds, etc. can be attributed to some of the key drivers such as simplification of KYC process over the years, financial literacy imparted by all stakeholders through investor awareness programs and sustained positive market sentiment over the long term.”
