- विज्ञापन -
New Delhi: With Indian equity benchmarks outperforming global markets, the total number of demat accounts in India surged to a record 185 million in 2024. This marks an increase of approximately 46 million accounts over the past year, averaging about 3.8 million new accounts each month.
Data from NSDL and CDSL reveals that 2024 witnessed a 33% rise in new demat accounts compared to 2023, bringing the total to 185.3 million. The growth in demat accounts has been significant since the Covid-19 pandemic, driven by factors such as simplified account opening processes, the widespread use of smartphones, and favorable market returns. In the last five years, the number of demat accounts has more than quadrupled from 39.3 million in 2019.
A recent report from SBI Research indicates that India has been adding at least 30 million new demat accounts annually since 2021, with nearly one in four investors now being women. This trend highlights the growing role of capital markets in the financialization of savings. Dr. Soumya Kanti Ghosh, Group Chief Economic Adviser at SBI, stated that new demat accounts could exceed 40 million this year. Participation among women investors has notably risen, surpassing the national average in FY25 compared to FY22, except in a few states.
Over the past decade, funds raised by Indian companies through capital markets have increased more than tenfold, from ₹12,068 crore in FY14 to ₹1.67 lakh crore in 2024. Additionally, the NSE market capitalization has grown over six times, reaching ₹441 lakh crore in FY25 compared to FY14.
