Major milestone! NSE investor base crosses 10-crore mark
August 9, 2024
The NSE's investor base grew from 4 crore in March 2021 to 10 crore in just over three years.
The National Stock Exchange achieved a major milestone. Its registered investor base has now surpassed 10 crore mark as of August 8, 2024.
The NSE’s investor base grew from 4 crore in March 2021 to 10 crore in just over three years. Notably, the last 1 crore additions came in just over five months, reflecting a sharp rise in investor registrations.
The total number of client codes (accounts) registered with the Exchange stands at 19 crore.
Daily new unique registrations have ranged between 50,000 to 78,000, fueled by advancements in digitisation, heightened investor awareness, and robust market performance.
Broad based participation in market
The median age of the NSE’s 10 crore registered investors is 32, with 40% under 30, showcasing growing youth interest in the markets. Female investors now represent over 20% of the total. Regional distribution shows that North India contributed 42% of the last 1 crore registrations, with Uttar Pradesh and Maharashtra leading in new registrations, according to NSE.
In addition, indirect market participation has surged, with 2.1 crore new SIP accounts opened between March and June 2024, and average monthly SIP inflows rising to approximately Rs 20,452 crore.
Sriram Krishnan, NSE’s Chief Business Development Officer, attributed the milestone to improved KYC processes, enhanced financial literacy, and sustained positive market sentiment, “This growth can be attributed to several key factors, including the streamlined Know Your Customer (KYC) process, enhanced financial literacy facilitated by stakeholder-led investor awareness programs, and enduring positive market sentiment. Increased participation in various exchange-traded financial instruments, such as equities, exchange-traded funds (ETFs), real estate investment trusts (REITs), infrastructure investment trusts (InvITs), government bonds, and corporate bonds, underscores these contributing factors.”
Nifty returns in FY25
In the last four days, Nifty 50 has shed 0.5% of its value.
In FY25, up to July 31, 2024, the Nifty 50 index has returned 11.8%, while the Nifty 500 index has delivered 16.2%. Over the past five years, annualised returns were 17.5% and 21.1% for the Nifty 50 and Nifty 500, respectively.
[The Financial Express]
