North India has maintained its dominance in India’s investor landscape with over 4.3 crore registered investors as of July 2025, according to the latest report by the National Stock Exchange (NSE). The region posted over 20 per cent year-on-year growth, underscoring strong retail participation and rising confidence in equities.
The report showed that West India followed with 3.5 crore investors, South India with 2.4 crore, and East India with 1.4 crore. Both North and South India recorded more than 20 per cent annual growth in investor registrations.
At the national level, NSE’s unique registered investor base reached 11.8 crore by the end of July. That month alone, 15.1 lakh new investors joined the market—the highest monthly addition in the past six months—marking a 19 per cent jump compared with earlier months.
The total number of unique trading accounts also crossed 23 crore in July. This metric includes multiple registrations by investors across different trading members. While overall growth has moderated compared with last year, recent numbers point to renewed momentum.
In FY26 so far, excluding April, investor additions have remained positive. Between April and July 2025, average monthly additions stood at 12.4 lakh, lower than the 19.8 lakh monthly average seen in the same period of FY25. The slowdown has been linked to global challenges such as geopolitical tensions and tariff-related uncertainties.
Despite these headwinds, the uptick highlights growing investor trust in India’s capital markets and their resilience in uncertain times. The NSE noted that expansion of the investor base has accelerated sharply over the years—it took 14 years to reach the first crore of registered investors, but subsequent additions have happened at a much faster pace.