Has the unique registered investor base on NSE crossed 12 crore?

Synopsis
Key Takeaways
- Unique registered investor base on NSE has crossed 12 crore.
- Women representation among investors stands at 25%.
- The median age of investors is now 33 years.
- Significant growth attributed to digitization and financial literacy.
- Nearly 2.9 crore new SIP accounts opened in recent months.
Mumbai, Sep 25 (NationPress) The unique registered investor base on the National Stock Exchange of India (NSE) has surpassed the 12 crore (120 million) milestone as of September 23, as reported on Thursday.
The overall count of investor accounts (Unique Client Codes) registered with NSE now stands at 23.5 crore as of September 23, having crossed the 23 crore threshold in July 2025. This figure encompasses all client registrations to date, with clients allowed to register with multiple trading members.
Notably, one in four investors is a woman. The NSE stated, “We have observed a growing interest in financial markets and stock ownership among the youth of our nation in recent years – a reflection of the confidence these investors have in the capital market ecosystem.”
The median age of the 12 crore registered investors in India is approximately 33 years, down from 38 years five years ago, with nearly 40 percent of them under 30.
“This year marks another significant achievement in our investor base. After reaching the 11-crore milestone in January, it is impressive that our investor count has increased by another crore in just eight months, even amid ongoing global trade and geopolitical concerns,” said Sriram Krishnan, Chief Business Development Officer, NSE.
This consistent growth is propelled by several key factors: an improved Know Your Customer (KYC) process, enhanced financial literacy through stakeholder-driven investor awareness programs, and a sustained positive market sentiment.
“The increase in participation across Exchange-Traded instruments — such as Equities, Exchange-Traded Funds (ETFs), Real Estate Investment Trusts (REITs), Infrastructure Investment Trusts (InvITs), Government Bonds, and Corporate Bonds — highlights these factors,” Krishnan added.
The structural growth of the investor base has significantly accelerated over time.
The registered investor base reached the 1 crore mark 14 years after NSE commenced operations, the next 1 crore additions took about seven years, while the subsequent 1 crore addition took roughly three-and-a-half years, and the next one just over a year.
In essence, it took more than 25 years for the registered investor count to reach the 4-crore mark in March 2021, with the next 1 crore investors added in approximately 6-7 months.
India’s rapid growth in investor participation is fueled by digitization, greater access to fintech, an expanding middle class, and supportive policy initiatives under the leadership of Prime Minister Narendra Modi.
Moreover, indirect participation continues to rise steadily during the current fiscal year, demonstrated by nearly 2.9 crore (29 million) new SIP accounts opened between April and August.
During this timeframe, average monthly SIP inflows were ₹27,464 crore ($3.2 billion), compared to ₹21,883 crore ($2.5 billion) during the same months last year.