The National Stock Exchange of India (NSE) has achieved a remarkable milestone, surpassing 230 million investor trading accounts in July 2025. This achievement comes just three months after the exchange crossed the 220 million mark in April 2025.
According to the latest data, the number of unique registered investors stands at 118 million as of July 28, 2025. Maharashtra continues to lead in terms of regional distribution, with nearly 40 million accounts (17% share), followed by Uttar Pradesh (25 million, 11% share), Gujarat (20 million, 9% share), and West Bengal and Rajasthan (13 million each, 6% share).
Assam has witnessed a significant increase in investor participation, with 2.59 million registered investors on NSE as of June 30, 2025. The state’s rank improved from 21 in FY20 to 16 in FY25, with female investors comprising 29.6% of investors, the sixth-highest among all Indian states.
NSE has substantially expanded its efforts in investor education, conducting 14,679 Investor Awareness Programs (IAPs) in FY25, a fourfold increase from 3,504 in FY20, reaching over 800,000 participants across all states and union territories. The exchange’s Investor Protection Fund (IPF) has grown by over 22% year-on-year to ₹2,573 crore as of June 30, 2025.
The Nifty 50 and Nifty 500 have delivered strong annualized returns of over 17% and 20%, respectively, in the past five years, contributing to the surge in retail investor growth.
“The Exchange has crossed another major threshold, adding a crore investor accounts in just about three months after crossing the 22-crore mark. This momentum reflects the deepening trust in India’s capital markets and the resilience of investor sentiment amid global economic uncertainty,” said Sriram Krishnan, Chief Business Development Officer, NSE.
The growth in investor participation is attributed to rapid digitalization, widespread uptake of mobile-based trading solutions, and targeted policy and institutional efforts. With more people investing in equities, ETFs, REITs, InvITs, and debt instruments, this milestone enables a more diversified and accessible investment landscape through technology.