The National Stock Exchange of India (NSE) has achieved a significant milestone by crossing 22 crore investor accounts as of March 31, 2025. This marks an addition of over 2 crore accounts in just six months since reaching the 20-crore mark in October 2024.

These investor accounts, identified by unique client codes (UCCs), represent multiple brokerage accounts under individual investors. The number of unique registered investors has risen to 11.3 crore, reflecting a growing interest in equity markets across the country.

The surge in investor accounts is attributed to increased digital access, simplified KYC processes, and enhanced financial literacy initiatives. States like Maharashtra, Uttar Pradesh, Gujarat, Rajasthan, and West Bengal have been at the forefront, collectively contributing nearly 49% of the total accounts.

Sriram Krishnan, Chief Business Development Officer at NSE, noted that the rapid growth in investor accounts indicates strong confidence in India's economic prospects, despite global uncertainties. He emphasized that the expansion of the investor base is a testament to the country's maturing investment ecosystem.

Furthermore, the NSE's Investor Protection Fund (IPF) has grown by over 23% year-on-year, reaching ₹2,459 crore as of March 31, 2025, underscoring the exchange's commitment to investor safety and confidence.

This rapid expansion in investor accounts highlights the deepening retail participation in India's capital markets, signaling a shift towards greater financial inclusion and equity market engagement.