The unique registered investors at the National Stock Exchange (NSE) have surpassed 9 crore, with the latest 1 crore additions taking place in just five months, the latest data said.

The investor base has seen more than three-fold jump in the last five years, facilitated by rapid growth in digitisation, rising investor awareness, financial inclusion, and strong market performance, the NSE data said.

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It further said the unique registered investors on the National Stock Exchange of India crossed 9 crore on February 29, 2024.

Unique investor registrations at NSE have seen an accelerating trend over the last few years marking increase from 6 to 7 crore unique investors in nine months.
The next crore investors came in eight months, and the jump from 8 to 9 crore took only five months. The total number of client codes registered with the exchange reached 16.9 crore including all client registrations done till date.
Notably, clients can register with more than one trading member.

Speaking on the development, Sriram Krishnan, Chief Business Development Officer at NSE, said, “It is encouraging to see that the latest 1 crore new investors have been on boarded on the exchange in the shortest time of five months.”

He further said that 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 programmes and sustained positive market sentiment over the long term.

Of the new investors that have entered the market since October 2023, nearly 42% hailed from North India, followed by West India (28%), South India (17%) and East India (13%).

Notably, the highest number of unique registered investors are from Maharashtra with 1.6 crore, followed by Uttar Pradesh with 97 lakh and Gujarat with 81 lakh such investors.

This increase in new investors has come across states, with all but 33 pin codes having at least one individual directly investing in the market.