Chart of the week : Key Economic Indicators : Movers and Shakers over the past decade

10 Jan 2024 , 11:53 AM

Analysts at IIFL Capital Services have collated movement of key performance indicators over the past decade. There has been a substantial surge in the number of smartphones purchased (19 million to 139 million), number of Income Tax filers (31.12 million to 76.5 million), and in Mutual Fund AUM (Rs 7.61 trillion to Rs 48.75 trillion). The nation’s financial prowess is evident with a surge in Market Capital as a % of GDP (64% to 117%) and a noteworthy rise in forex reserves ($293 billion to $616 billion). Interestingly, the number of life insurance policy holders has reduced from 336.1 million to 328.7 million in this period. Overall, the statistics showcase India’s dynamic economic evolution over the past decade.

Sr. No.	Particulars	Mar/Dec 2013	Latest available 2023	Source
1	No. of Smart Phones and annual value (Rs) being bought	19mn/203bn	139mn/2,580bn	International Data Corporation (IDC)
2	No. of Income Tax filers	31.12mn	76.5mn	Income Tax Department
3	No. of IT Returns with more than 50 lakh total income	164,370	522,707	Income Tax Department
4	No. of Demat Accounts	21mn	129.7mn	NSDL, CDSL
5	No. of Retail folios in Mutual Funds	42.8mn	161.8mn	AMFI
6	Mutual Fund AUM (Rs)	7.61trn	48.75trn	AMFI
7	Mutual Fund Active Equity AUM (Rs)	2.13trn	24.98trn	AMFI
8	Size of PMS and AIF Industry (Rs)	6.1trn	33.93trn	SEBI
9	FII equity flows (previous 10 years cumulative) ($)	121.0bn	57.1bn	Bloomberg
10	DII equity flows (previous 10 years cumulative) – $	17.4bn	93.5bn	Bloomberg
11	FDI equity flows during the year – $	23bn	46bn	Ministry of Commerce & Industry
12	No. of Life Insurance Policy Holders	336.1m	328.7m	IRDAI handbook
13	Annual Value of Real Estate Being Bought	2.8trn	3.5trn	Industry reports
14	Household Savings Into Equity (Rs)	170bn	2,142bn	National Accounts, MoSPI
15	Market Capital as a % of GDP	64%	117%	Bloomberg
16	No. of Stocks with $500mn mkt cap	253	735	Bloomberg
17	No. of Stocks with $1bn mkt cap	170	522	Bloomberg
18	No. of stocks with 100% CAGR in the previous 5 years	12	34	Prowess
19	No of stocks 100x in previous 10 years	5	24	Prowess
20	No. and value (Rs) of Luxury Cars being bought in India	26,815units/134bn	36,500units/200bn	Industry Reports – Autocar India
21	No. and value (Rs) of iphones being bought in India	0.65mn/29bn	7.9mn/632bn	Media reports
22	Length of National Highways (kms)	79,116	140,995	Ministry of Road Transport & Highways
23	Traffic at all ports (‘000 tonnes)	933,657	1,323,880	Indian Ports Association
24	Passengers handled at airport (‘000)	159,401	327,283	Ministry of Civil Aviation
25	Forex Reserves ($)	293bn	616bn	Reserve Bank of India

Source: IIFL Research