NSE surpasses 5cr mark in unique registered investors

At the state level, Maharashtra contributed 17% followed by Uttar Pradesh with 10% and Gujarat with 7% of new investor registrations. The top 10 states accounted for 71% of new investor registrations.

Oct 26, 2021 11:10 IST India Infoline News Service

NSE Building
The unique registered investors on the National Stock Exchange of India has crossed 5 crore count (unique PANs) on October 25, 2021. While the journey from 3 crores registered investors to 4 crore registered investors took about 15 months, the next 1 crore investor registrations took less than 7 months. Total number of client codes registered with the Exchange stand at 8.86 crores (clients could register with more than one trading member).

The total Demat accounts in India held with the 2 depositories together are at around 7.02 crore which include multiple Demat accounts held by a single investor having a unique PAN. An investor can have more than one Demat account/trading account with different depository participants and trading members which are linked to a single PAN.

Mr. Vikram Limaye, MD & CEO, NSE said, "NSE today offers a host of financial products addressing the different needs and risk appetites of the investors. The investors can diversify their portfolio on the exchange platform by investing in equity shares or via the exchange traded fund / mutual fund route, Government securities through Non-competitive bidding platform, secondary market or via the exchange traded funds, corporate bonds, real estate or infrastructure projects by way of investments in REITs & InvITs, in Gold through Gold ETFs or Sovereign Gold bonds, etc.

The milestone achieved today is the culmination of efforts put in by the Government, the Regulators, and all stakeholders to provide a bouquet of products, simplified client onboarding processes, investor education and awareness. I am sure with the focused efforts of all stakeholders; we should be looking at increasing penetration further and touching the 10 crore unique investors mark over the next 3-4 years."

The journey from 4 crore unique investors to 5 crores unique investors took about 203 days, with North Indian states contributing to 36% of new investor registrations, followed by Western India with 31%, Southern India states and Eastern India states accounting for 20% and 13% of new investor registrations respectively. At the state level, Maharashtra contributed 17% followed by Uttar Pradesh with 10% and Gujarat with 7% of new investor registrations. The top 10 states accounted for 71% of new investor registrations.

The growth in investor registrations has largely been driven from non-metro cities. The cities beyond the top 50 cities accounted for 57% of new investor registrations, while the cities beyond the top 100 cities, contributed to 43% indicating that the growing interest in the equity markets is not restricted to the metros and a few tier 1 cities.

In order to bring in awareness about exchange traded products amongst investors, NSE conducts Investors Awareness Programs (IAPs), publishes various educational material on its websites, social media, etc. To verify trading activity on the exchange, NSE offers “Trade Verification module” on its website, where all non-proprietary & non-institutional investors can verify trades executed in their account. Besides, trade alerts through SMS / Email are provided on the mobile number and email address provided by investors during KYC process with their respective trading members.

Related Story

Open Free Demat Account (Rs699)
Open ZERO Brokerage Demat Account

  • 0

    Delivery Brokerage for Lifetime

  • 20

    Per order for Intraday, F&O, Currency & Commodity