“The investor base today surpasses the population of most countries, reflecting the unprecedented scale of capital markets participation in India. This reflects that individual investors have been increasingly allocating their savings to capital markets with the flow of net financial assets of the households towards equities and mutual funds increasing from 5.4% in fiscal 2021 to 26.89% in fiscal 2025, as per RBI,” underscoring the increased financialization of household savings, per NSE’s draft offer document.
