Quick Summary
As per the information provided by Securities and Exchange Board of India (SEBI), as on October 31, 2021, there are around 2.75 crore mutual fund (MF) investors, 7.38 crore Demat account holders and 1,324 SEBI Registered Investment Advisors (RIA). This was stated by Union Minister of State for Finance Shri Pankaj Chaudhary in a written reply to a question in Lok Sabha today. The ratio of Mutual Fund investors and Demat Account holders to the Registered Investment Advisors (RIA) in India is aroun
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FAQ :
As of October 31, 2021, there were approximately 7.38 crore Demat account holders in India.
The number of Demat accounts has more than doubled in the last three years. From 359 lakh in FY 2018-19, it grew to 409 lakh in FY 2019-20, 551 lakh in FY 2020-21, and reached 738 lakh (7.38 crore) by October 31, 2021.
As of October 31, 2021, there were around 2.75 crore mutual fund investors in India.
As of October 31, 2021, there were 1,324 SEBI Registered Investment Advisors (RIAs) in India.
Yes, the number of registered Investment Advisers has increased from 1,298 as of June 30, 2020, to 1,324 as of October 31, 2021.
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