The National Stock Exchange of India (NSE) marked another milestone in April 2025, with the total number of investor accounts—i.e., Unique Client Codes (UCCs)—surpassing 22 crore (220 million). Notably, this is a sharp increase within just six months of crossing the 20-crore (200 million) mark in October 2024. Separately, the number of unique registered investors stands at 11.3 crore as of March 31st, 2025, having crossed the 11 crore (110 million) mark on January 20th, 2025.
An investor may maintain accounts with different brokers. As a result, this leads to multiple client codes. Currently, Maharashtra leads with the highest number of investor accounts at 3.8 crore, followed by Uttar Pradesh (2.4 crore), Gujarat (1.9 crore), and Rajasthan and West Bengal at approximately 1.3 crore each. Together, these states account for nearly 49% of total accounts. In fact, the top ten states contribute roughly three-fourths of the overall count.
The benchmark Nifty 50 Index has delivered a strong 22% annualized return over the past five years. Moreover, the Nifty 500 Index has delivered a 25% annualized return, demonstrating significant wealth creation for investors during this period. NSE’s Investor Protection Fund (IPF) increased by over 23% year-on-year to Rs 2,459 crore as of March 31, 2025.
Shri Sriram Krishnan, Chief Business Development Officer at NSE, said:
“India’s investor base continues to expand rapidly, with over 2 crore new accounts added in just six months—a clear reflection of strong investor confidence in India's growth trajectory despite global economic headwinds.
This surge has been driven by accelerated digital transformation and the increasing adoption of mobile trading, which have made capital markets more accessible to investors across tier 2, 3, and 4 cities.
The growth also highlights the success of focused initiatives to deepen retail participation, including widespread financial literacy programs and streamlined KYC processes.
As participation broadens across a range of instruments—Equities, ETFs, REITs, InvITs, and Bonds—this milestone signals a maturing financial ecosystem where technology is playing a pivotal role in democratizing investment opportunities.”
About National Stock Exchange of India Limited (NSE)
The National Stock Exchange of India (NSE) was the first exchange in India to implement electronic or screen-based trading. It began operations in 1994 and is ranked as the largest stock exchange in India in terms of total and average daily turnover for equity shares every year since 1995, based on SEBI data.
NSE has a fully integrated business model comprising:
- Exchange listings
- Trading services
- Clearing and settlement services
- Indices and market data feeds
- Technology solutions and financial education offerings
NSE also oversees compliance by trading and clearing members and listed companies with the rules and regulations of SEBI and the exchange. It is a pioneer in technology, ensuring system reliability and performance through a culture of innovation and investment in technology.
NSE is the world’s largest derivatives exchange by trading volume (contracts), as per Futures Industry Association (FIA) for calendar year 2024. Furthermore, it is ranked 2nd globally in the equity segment by number of trades (electronic order book) in 2024, as per World Federation of Exchanges (WFE).
~ News4masses is now also on Google news
~ If you want to contribute an article / story, please get in touch at: news4masses[at]gmail[dot]com
