Stock market investor count nears 110 mn; youth, women lead growth

India's equity investor base is experiencing remarkable growth, reaching nearly 110 million unique investors, following a significant increase from 100 million in August and 90 million in February. At the end of November, the National Stock Exchange (NSE) reported that 107 million investors were registered with unique PAN numbers. Maharashtra remains a key contributor, accounting for 16.5% of the total, with approximately 17.7 million investors. However, its share has slightly declined since March 2015, reflecting a broader distribution of investors nationwide. Uttar Pradesh has recently emerged as a leader in new investor registrations. 

A notable trend in the investor demographic is the influx of younger individuals, with those under 30 years old now comprising 40% of the total investor base, a significant increase from 22.6% in March 2019. Additionally, gender inclusion is improving, with the proportion of female investors rising to 24% from 22.7% in March 2022. In specific regions such as Goa, Chandigarh, and Mizoram, female investors represent over 30% of the total, highlighting positive strides toward greater diversity in the investment landscape. 

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.