New demat accounts scaled decadal high in 2018
5 years, 11 months ago

New demat accounts scaled decadal high in 2018

Live Mint  

Mumbai: Indians are making a rapid shift in their saving patterns from traditional instruments such as gold, real estate and bank deposits to alternatives like stocks, showed data from the Securities and Exchange Board of India. There were a total of 16.8 million demat accounts in India in 2009, an indicator of the sharp increase in retail investors in equity markets. Along with easier access to stock markets, we see the number of accounts opened in India increasing each year exponentially.” Four million new demat accounts were opened in 2018, taking the total number of such accounts to 34.8 million. According to Association of Mutual Funds of India, there are 80.3 million mutual fund folios or accounts as of December 2018, of which 99.5% is accounted for by individual investors. Of the total, 75.3 million comprised accounts of retail investors, 4.54 million high net-worth individual accounts while 438,203 accounts belonged to institutional investors.

India Retail Markets 2018 Mutual Funds Retail Investors Investors Million Number Mutual Accounts Individual Investors Demat Accounts Demat Gagdani  accounts  investors  india  2018  high  decadal  retail  scaled  markets  mutual  million  number  demat

History of this topic

Demat accounts reach 179 million even as new additions decline to 3.5 million in October
2 months ago

Demat accounts reach 179 million even as new additions decline to 3.5 million in October

Live Mint  

Motilal Oswal Financial Services reported that the total number of demat accounts in India reached 179 million as of October 2024. Angel One reported a 2.4 per cent MoM growth, reaching 7.5 million clients with a steady market share of 15.4 per cent. Kotak Securities experienced a 2.8 per cent MoM increase, bringing its client count to 1.5 million, maintaining …

October sees 4-month low in new Demat account to 3.45 million additions amid market volatility
2 months ago

October sees 4-month low in new Demat account to 3.45 million additions amid market volatility

Live Mint  

After a strong four-month period demat account additions for October 2024 saw a decline amid volatility in the Indian stock markets, according to ANI citing an ICICI Securities report. October 2024 Demat Account Additions As per the report, the total number of accounts added in October fell to 3.45 million, down from 4.36 million in September 2024 — breaking a …

Demat Account Meaning
1 year, 1 month ago

Demat Account Meaning

ABP News  

A Demat account is like a secure digital storage space for your stocks. The DP ID comprises the initial eight digits of the account number, playing a crucial role in various transactions such as converting physical shares to Demat, transferring shares between Demat accounts, or moving funds from a Demat account to a bank account. Standard Demat Account Designed for …

Demat accounts rise 34% in December on attractive returns from equity markets
2 years ago

Demat accounts rise 34% in December on attractive returns from equity markets

Live Mint  

Demat accounts saw a surge in popularity last month, led by attractive returns from the equity markets, ease of account opening process and increased financial savings. The number of demat accounts rose to 10.8 crore last month - a surge of 34% on yearly basis. But while the number of demat accounts in the country continues to rise - albeit …

The reality check of demat accounts crossing 100mn mark
2 years, 4 months ago

The reality check of demat accounts crossing 100mn mark

Live Mint  

The number of demat accounts were 100.5 million as of 31 August, crossing the 100 million mark for the first time. View Full Image A demat account is needed to buy and sell stocks From the end of 2019 to August 2022, a whopping 61.1 million new demat accounts have been opened. Around 3.5 million new demat accounts were opened …

As Demat Accounts in India Breach 100-mn Mark, Here's Why Mutual Funds Are A Rookie Investor's Best Friend
2 years, 4 months ago

As Demat Accounts in India Breach 100-mn Mark, Here's Why Mutual Funds Are A Rookie Investor's Best Friend

News 18  

The number of Demat accounts in India reached a staggering 100.5 million in August 2022, breaching the 100 million mark, as per data from prominent depositories NSDL and CDSL. While February saw the highest opening figures this year, 2.9 million new accounts, it was followed by 2.7 million in May, 2.4 million in April, and 2.2 million last month. Money …

Demat account count tops 10 crore
2 years, 4 months ago

Demat account count tops 10 crore

Deccan Chronicle  

MUMBAI: The number of demat accounts in the country crossed the 100-million mark on August 31, 2022, showing the equity culture is slowly but steadily picking up in India, especially in tier 2 and tier 3 cities. The initial public offering of Life Insurance Corporation, which opened on May 4, led to many first time investors opening their demat accounts …

Demat Accounts In India Cross 10 Crore; Here's Why Investor Participation Is Rising In Equity Markets
2 years, 4 months ago

Demat Accounts In India Cross 10 Crore; Here's Why Investor Participation Is Rising In Equity Markets

News 18  

In an indication of rising retail interest in the Indian equity market, the total demat accounts in the country touched 100.5 million in August, crossing the 100 million-mark for the first time ever. According to the latest data from depository firms National Securities Depository Ltd and Central Depository Services Ltd, the total number of demat accounts in India stood at …

What is a demat account and who needs to open it?
2 years, 6 months ago

What is a demat account and who needs to open it?

Live Mint  

A growing number of people have started trading to earn some extra money, or to create an alternative stream of income. However, one must be aware that opening a demat account is the first step before foraying into the stock market. In India, demat account services are primarily provided by two depository bodies known as NSDL and CDSL. The next …

LIC IPO: From demat account opening to subscription, guide for first time investors
2 years, 8 months ago

LIC IPO: From demat account opening to subscription, guide for first time investors

India Today  

Life Insurance Corporation of India's initial public offering is all set to be opened for subscription on May 4. Those who are willing to participate in the subscription process of LIC's IPO, must open a demat account. - Investors need to select a broker through which they want to open a demat account. - Once the broker is selected, the …

‘Ghar ghar’ demat: How LIC IPO can help stock market penetrate rural India
2 years, 8 months ago

‘Ghar ghar’ demat: How LIC IPO can help stock market penetrate rural India

Live Mint  

As India eyes the bumper initial public offering of the state-run insurance behemoth Life Insurance Corporation of India, Spice Money & Religare Broking join hands for a ‘first-of-its-kind' long term partnership to simplify Demat Account Opening facility for rural India. Through this association, Religare Broking and Spice Money aim to provide rural citizens with equitable access to investment opportunities. Nitin …

Here's how to open a Demat account in India; follow these steps
3 years, 5 months ago

Here's how to open a Demat account in India; follow these steps

India Today  

A Demat account stands for Dematerialisation account. Having a Demat account makes the process of holding shares and securities in an electronic form easier for the investor. Step 2: Visit the official DP’s website and fill in the Demat account opening form. Step 7: After thorough checking of the documents and other complete forms by the DP, the request for …

Average 13 Lakh New Demat Accounts Added Every Month Since April 2020: BSE Data
3 years, 7 months ago

Average 13 Lakh New Demat Accounts Added Every Month Since April 2020: BSE Data

News 18  

Amid near-record rally in the equity markets during the pandemic-ravaged FY21, brokerages have added on an average 13 lakh new demat accounts every month since April last year, taking the overall retail investor headcount to record 6.97 crore as of May 31 this year, according to BSE data. Brokerages and exchanges on an average added 12-15 lakh new investors every …

Here is a Step-by-step Guide to Open Demat Account
4 years, 1 month ago

Here is a Step-by-step Guide to Open Demat Account

News 18  

A Demat account, also known as Dematerialised account, allows people to invest in stocks and shares and hold them in an electronic format. Below is the step-by-step guide to open a Demat account with Groww: Step 1: On your smartphone, download Groww app or visit to Groww website – groww.in. https://groww.in/ Step 3: Provide the relevant details including occupation, income, …

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