Individual investors
A dip in direct ownership of individual investors to 9.5% in the listed universe; Individuals, both directly and through mutual funds, now own a record-high 18.2% of the market. Our estimates point to a net accretion of over Rs 46 lakh crore to household wealth in Indian equities in the past five fiscal years, with current holding at Rs 74.5 lakh crore (5Y/15Y CAGR: +16.9%/35.7%)
