Rohit Mandhotra, Head of Investor Relationsips at the National Stock Exchange (NSE), said that a majority of retail investors in India are under the age of 40 into the growing role of retail investors in India’s capital market, which according to him, shows a significant trend towards younger individuals getting involved in stock market investments. He was speaking at the ongoing Dhanam Business Media BFSI Summit in Kochi, on the topic ‘Role of retail players in the Indian capital markets – a perspective from NSE’.
He pointed out that India’s demographic advantage—having a larger proportion of people under middle age compared to other countries—could help the country see even greater benefits in the future.
The investor interest
Mr Mandhotra also mentioned that while 31 percent of investors are over 40 years old, a majority—69 percent—are under 40. Regionally, 36 percent of retail investors are from North India, with 31 percent coming from the western states.
BFSI Summit
The summit, which started earlier in the day, is focused on sharing practical and technical knowledge across various financial sectors, including banking and the stock market. It began with a welcome address by A. Gopalakrishnan, Senior Partner at K. Venkatachalam Iyer & Co., Chartered Accountants, and Chairman of the Dhanam BFSI Summit Advisory Committee. Reserve Bank of India Executive Director, JK Dash, delivered the keynote address at the inaugural session.